Sri Lanka Consolidated Acts

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Rathgama Development Foundation (Incorporation) Act (No. 70 of 1992) - Sect 7

Rules of the Corporation

7.
(1) It shall be lawful for the Board, from time to time, at any general meeting of the members and by a vote of atleast two-thirds of the members present and voting thereat, to make rules not inconsistent with the provisions of this Act or any other written law in respect of all or any of the following matters : "
(a) the election, appointment and removal of the members of the Board ;
(b) the duties of the Board and of the various officers and agents of the Corporation ;
(c) the procedures to be followed in the administration of the funds of the Corporation ; and
(d) generally for the .management of the Corporation and for the accomplishment of its objects.
(2) No rules of the Corporation for the time being in force nor any rule which may hereafter be made shall be altered, added to, amended or rescinded except in like manner as a rule is made under subsection (.1).
(3) The rules of the Trust in force on the day prior to the date of commencement of this Act shall in so far as they are not inconsistent with the provisions of this Act or other written law, be deemed to be the rules of the Corporation made under this section.
(4) The members of the Corporation shall be subject to the rules of the Corporation.


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