Sri Lanka Consolidated Acts

Mahaweli Authority Of Sri Lanka Act (No. 23 of 1979)

TABLE OF PROVISIONS

           Long Title

   1.	   Short title  
   2.	   Establishment of the Mahaweli Authority  
   3.	   Special Area of Authority  
   4.	   Directors of the Authority  
   5.	   Director-General of the Authority  
   6.	   Term of office of Directors  
   7.	   Disqualification for being appointed as Directors  
   8.	   Vacancy among directors not to invalidate acts and proceedings  
   9.	   Remuneration and terms and conditions of service of Directors  
   10.	   Meetings and quorum at meetings of the Authority  
   11.	   Seal of the Authority  
   12.	   Functions of the Authority  
   13.	   Powers of the Authority  
   14.	   Departments and agencies of the Authority  
   15.	   Empowering of persons to act for Authority outside Sri Lanka  
   16.	   Delegation of powers, &c., of Authority  
   17.	   Staff of the Authority  
   18.	   Appointment of public officers to the Authority  
   19.	   Authority to ensure that financial assistance given for any purpose is utilized for same  
   20.	   Authority not to transact business with enterprise in which a director has interest unless approved by the Minister  
   21.	   Special powers of Authority in respect of certain Departments and Corporations  
   22.	   Special Power of Authority in special Area  
   23.	   Compulsory acquisition of land in any Special Area for the Authority  
   24.	   Possession of land in any Special Area otherwise than under the Land Acquisition Act  
   25.	   Effect of possession under section 24  
   26.	   Funds of the Authority and payment to be credited to Fund  
   27.	   Payments out of the Fund  
   28.	   Power of Authority to call upon public corporation &c. to carry out certain functions  
   29.	   Financial year of the Authority  
   30.	   Exemption of Authority from payments of taxes  
   31.	   Exemption from certain taxes of approved subsidiaries and investments therein  
   32.	   Emoluments of experts &c. to be free from taxes &c  
   33.	   Borrowings of the Authority and Government Guarantees  
   34.	   Accounts of the Authority  
   35.	   Incorporation Orders for establishment of Corporations  
   36.	   Corporation to be a body corporate  
   37.	   Functions of Corporation  
   38.	   Powers of Corporation  
   39.	   Board of Directors  
   40.	   Government Directors  
   41.	   Minister may issue special or general directions to Government Directors  
   42.	   Capital of the Corporation  
   43.	   Liability of shareholders  
   44.	   Shareholder Director  
   45.	   Chairman of Corporation  
   46.	   Managing Director of Corporation  
   47.	   Provisions applicable to Corporation where Authority is not sole shareholder  
   48.	   Application of certain enactments to Corporation  
   49.	   Audit of accounts  
   50.	   Power of Corporation to make by-laws  
   51.	   Certain provisions of this Act to apply mutatis mutandis to a Corporation  
   52.	   Powers of Minister to order investigation upon activities  
   53.	   Directions of the Minister  
   54.	   Regulations  
   55.	   Rules  
   56.	   Authority and Corporation to be scheduled institutions within the meaning of the Bribery Act  
   57.	   Members, officers and servants of Authority deemed to be public servants  
   58.	   Local authority not to be constituted without concurrence of Minister  
   59.	   Protection for action taken under this Act or on the direction of the Authority  
   60.	   Interpretation