National Development Bank Of Sri Lanka (Amendment) Act (No. 10 of 1992)

Sri Lanka Consolidated Acts

Replacement of section 8 of the principal enactment

5. Section 8 of the principal enactment is hereby repealed and the following section substituted therefor:"

	(1) The Bank shall have a Board of Directors of not less than five and not more than ten members consisting of both nominated and elected directors nominated or elected, as the case may be, under section 8A or 8B.

	(2) The General Manager shall be an ex-officio member of the Board of Directors without the right to vote at any meeting of such Board of Directors.".