20.
| (1) The Board shall appoint a General Manager to the staff of the Bank on such salary and with such allowances as may be fixed by the Board. |
|
| (2) The General Manager shall be the chief executive officer of the Bank, and all acts which are directed by this Law to be done by the Bank or the Board may, unless the contrary intention appears from the context, be done by the General Manager if he is specially or generally authorized in writing thereto by the Board. |
|
| (3) The General Manager shall function as the Secretary to the Board and shall attend and take part in every meeting of the Board unless the Board otherwise directs, but he shall have no right to vote. |
|
|
Sri Lanka Consolidated Acts