40.
| (1) Each of the Government Directors shall be appointed by the Minister and shall hold office for a period of three years, unless he earlier vacates office by death, resignation or removal: |
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| (2) The Minister may if he thinks expedient to do so, remove by Order published in the Gazette, any Government Director from office without assigning a reason. The removal of any Government Director from office by the Minister shall not be called in question in any Court. |
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| (3) Any Government Director may at any time resign from the Board by letter addressed to the Minister. |
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| (4) Where a Government Director is, by reason of ness, infirmity or any other cause, temporarily unable perform the duties of his office the Minister may appoint some other person to act in the place of such Government Director. |
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| (5) A Government Director who has been removed from office shall not be eligible for re-appointment as a Director or to serve the Board in any other capacity. |
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Sri Lanka Consolidated Acts