National Institute Of Business Management(Amendment) Act (No. 28 of 1991)

Sri Lanka Consolidated Acts

Replacement of section 16 of the principal

11.Section 16 of the principal enactment is hereby repealed and the following section is subsection is substituted therefor:-

16.

	(1) The Director-General shall be the Chief Executive Officer of the Institute and shall executive or perform such powers, functions and duties as may be delegated to him by the Council.

	(2) The Minister shall in consultation with the Council and having regard to the qualifications and the scheme of selection specified under subsection (3), appoint a Director-General.

	(3) The Council shall, with the concurrence of the Minister, specify qualifications, and the scheme of selection for the post of the Director-General.

	(4) The provisions of subsections (2) and (3) shall not apply in relation to the first Director-General, who shall be appointed by the Minister.

	(5) The Director-General shall hold offices for a period of five years from the date of his appointment,

(6) The Minister may on recommendation of the Council made after due inquiry, remove the Director-General from office."

(a) if he has become permanently incapable of performing his duties; or

(b)if he has done any act which is manifestly opposed to the objects and interest of the institute.

	(7) The Director-General shall be paid such remuneration as may be determined by the Minister with the concurrence of the Minister in charge of the subject of Finance. "