Sri Lanka Consolidated Acts

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National Development Bank Of Sri Lanka. Act (No. 2 of 2005) - Sect 13

Delegation of powers and duties of the Board of Directors

13.
(1) The Board of Directors may delegate to the General Manager or any other employee of the Bank any of its powers and duties.
(2) Every delegate appointed under subsection (1) shall exercise or perform the power or duty delegated to him subject to the general or special directions of the Board of Directors.

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