Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsPower of Board of Directors to grant to persons, other than the Corporation, authority to engage in or carry on any Specified Business of the Corporation. Cap. 124
| 40. Notwithstanding that the exclusive right to engage in or carry on any Specified Business of the Corporation is vested in the Corporation by any Order made under this Act, the Board of Directors may, with the written approval of the Minister, from time to time, grant written authority to any Government Department, public statutory corporation or co-operative society registered under the Co-operative Societies Ordinance to engage in or carry on that Business, subject to such terms and conditions as may be determined by such Board. |