3.
| (1) The administration and management of the affairs of the Railways Authority shall be vested in a Board of Directors (hereinafter referred to as " the Board ") which shall consist of
| | (a) a Chairman, who shall be a person with wide experience in the management of large scale commercial enterprises relating to transport or connected fields, appointed by the Minister; | | |
| | (b) a representative of the Ministry of the Minister, appointed by the Minister; | | |
| | (c) a representative of the General Treasury nominated by the Minister in charge of the subject of Finance; | | |
| | (d) the Managing Director ; | | |
| | (e) three other members appointed by the Minister from among persons who have had experience, and have shown capacity, in the fields of transport, finance, marketing, law or engineering. | | |
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| (2) The provisions of the First Schedule to this Act shall have effect in relation to the appointment, and the term of office of the Chairman and the members of the Board and to the meetings of the Board. |
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Sri Lanka Consolidated Acts