Sri Lanka Consolidated Acts

Sri Lanka Export Credit Insurance Corporation Act (No. 15 of 1978)

TABLE OF PROVISIONS

           Long Title

   1.	   Short title and date of operation  
   2.	   Establishment of the Sri Lanka Export Credit Insurance Corporation  
   3.	   Constitution of the Board of Directors of the Corporation  
   4.	   Board to exercise its powers &c. under the directions of the Minister  
   5.	   Objects  
   6.	   Powers, duties and functions of the Corporation  
   7.	   Disqualification from membership  
   8.	   Period of office of members  
   9.	   Resignation of members of the Board  
   10.	   Removal of members  
   11.	   Remuneration of members  
   12.	   Meetings of the Board  
   13.	   Member to disclose any interest in contract proposed to be made by the Corporation  
   14.	   Acts not invalidated by reason of a vacancy  
   15.	   The seal of the Corporation  
   16.	   Capital of the Corporation  
   17.	   Government guarantee  
   18.	   Maximum liability of the Corporation  
   19.	   Fund  
   20.	   Accounts and audit  
   21.	   Application of the profits  
   22.	   Signature of document by a Director on behalf of the Board  
   23.	   Chairman of the Board to function as the Managing Director of Corporation  
   24.	   Appointment of officers and servants  
   25.	   Directors, officer's and. servants of the Corporation deemed to be public servants  
   26.	   Corporation deemed to be a scheduled institution within the meaning of the Bribery Act  
   27.	   Liability for damage of loss suffered by the Corporation  
   28.	   Protection for action taken under this Act or on the direction of the Board  
   29.	   Secrecy  
   30.	   Service of notices &c  
   31.	   Regulations  
   32.	   Offences  
   33.	   Transfer of assets and liabilities of Packing Guarantee and Export Performance Guarantee Scheme to the Corporation  
   34.	   Contribution to share capital possible notwithstanding the provisions of the Insurance Corporation Act  
   35.	   This Act to operate notwithstanding the provisions of the Insurance Corporation Act  
   36.	   This Act to operate notwithstanding the provisions of the Monetary Law Act  
   37.	   Application of company law to the Corporation  
   38.	   Provisions of this Act to prevail over other laws