Sri Lanka Consolidated Acts

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National Science Council Of Ceylon Act (No. 9 of 1968) - Sect 32

Contracts

32.
(1) Contracts on behalf of the Council may be made as follows: -
(a) a contract which if made between private persons would be by law required to be in writing, may be made on behalf of the Council in writing under the common seal of the Council;
(b) a contract which if made between private persons would be by law required to be in writing, signed by the parties to be charged therewith, may be made on behalf of the Council in writing signed by any person or persons duly authorized thereto by the Council; and
(c) a contract which if made between private persons would by law be valid although made by parole only and not reduced into writing, may be made on parole on behalf of the Council by any person or persons duly authorized thereto by the Council.
(2) A contract made according to this section shall be effectual in law and shall bind the Council and all parties thereto and their legal representatives.
(3) A contract made according to this section may be waived or discharged in the same manner in which it is authorized by this section to be made.

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