Sri Lanka Consolidated Acts

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Sri Narada Bauddha Madhyasthana Vihara Sanwardana Sabhawa (Incorporation) Act (No. 1 of 2003) - Sect 4

Management of the affairs of the Corporation

4.
(1) The management, control and administration of the affairs of the Corporation shall subject to the provisions of this Act and the rules in force for the time being of the Corporation be administered by a Board of Directors (hereinafter referred to as "the Board") consisting of such number of Directors as are elected from among the members in accordance with the rules of the Corporation
(2) The first Board shall be the Board of Directors of the Sanwardana Sabhawa holding office on the day immediately preceding the date of commencement of this Act, who shall hold office until the holding of the first annual general meeting of the Corporation.


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