3.
| (1) The Council shall consist of-
| | (a) The following members to be appointed by the Minister (hereinafter referred to as "appointed members. ")
| | | (i) a Deputy Governor of the Central Bank nominated by the Governor of such Bank: and |
| (ii) six other persons who appear to the Minister to have wide experience and shown capacity in legal, financial, business or administrative matters; |
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| | (b) the following ex officio members;
| | | (i) the person for the time being holding the office of Deputy Secretary to the Treasury; |
| (ii) the person for the time being holding the office of Registrar of Companies; and |
| (iii) the person for the time been holding the office of President Institute of chartered Accountants, established by the Chartered Accountants Act, No. 23 of 1959. |
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| (2) The Minister shall nominate. from amongst the members of the Council, one member to be the Chairman of the Council. |
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Sri Lanka Consolidated Acts