Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

National Development Bank Of Sri Lanka (Amendment) Act (No. 10 of 1992) - Sect 8

Amendment of section 15 of the principal enactment

8. Section 15 of the principal enactment is hereby amended as follows;"
(1) by the repeal of subsection (1) of that section and the substitution therefor of the following subsection:"
" (1) The Board of Directors shall elect from among themselves a Chairman." ;
(2) in subsection (2) of that section, by the substitution for the words " date of appointment.", of the words " date of election." ;
(3) in subsection (3) of that section by the substitution for the words "shall be appointed in his place", of the words " shall be elected in his place " ;
(4) in subsection (4) of that section, by the substitution for the words " eligible for reappointment.", of the words "eligible for re-election."; and
(5) by the repeal of subsection (5) of that section.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]