Sri Lanka Consolidated Acts

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Serendib Foundation (Incorporation) Act (No. 12 of 1991) - Sect 7

Powers and management of the affairs of the Corporation

7.
(1) The powers conferred on the Corporation and the management of the affairs of the Corporation shall, subject to the rules of the Corporation, be exercised and carried out by a Board of Governors consisting of a Chairman, and such number of other members as may be provided (for in rules made in that behalf, and elected in accordance therewith.
(2) The members of the first Board of Governors shall be the persons whose names are set out in the Schedule to this Act.

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