Sri Lanka Consolidated Acts

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Padmanabha Foundation (Incorporation) Act (No. 31 of 1993) - Sect 5

Management of the affairs of the Corporation

5.
(1) The affairs of the Corporation shall, subject to the rules of the Corporation, be administered by a Board of Directors consisting of such number of Directors as may be provided for in such, rules and elected in accordance therewith.
(2) The first Board of Directors of the Corporation shall be the Board of Directors of the Foundation holding office on the day immediately preceding the date of commencement of this Act.

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