10.
| (1) If the Chairman is by reason of illness, infirmity or absence from Sri Lanka temporarily unable to perform the duties of his office, the Monetary Board may, with the concurrence of the Minister, appoint another Director to act in his place. |
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| (2) The Monetary Board may with the concurrence of the Minister without assigning any reason, terminate the appointment of the Chairman of the Board and such termination shall not be called in question in any court. |
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| (3) The Chairman may resign from his office by letter addressed to the Monetary Board. |
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| (4) Subject to the provisions of subsections (2) and (3) the term of office of the Chairman shall be his period of membership of the Board. |
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Sri Lanka Consolidated Acts