Sri Lanka Consolidated Acts

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State Industrial Corporations Act (No. 49 of 1957) - Sect 8

General control of the affairs, and the exercise of the powers, of the corporation

8. Subject to the other provisions of this Act-
(a) the general control of the affairs of the corporation shall be vested in a board of directors constituted as hereinafter provided, and
(b) such board may exercise the powers of the corporation for the purpose of carrying out the objects of the corporation.

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