5.
| (1) 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 Trustees consisting of seventeen members elected in accordance with such rules of the Corporation ; |
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| (2) The first Board of Trustees of the Corporation shall be the Board of Management of THAIKKA holding office on the day preceding the date of commencement of this Act and whose names are set out in the Schedule to this Act; |
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| (3) In the event of the death of a member of the Board of Trustees, the vacancy shall be filled by the Board of Trustees, by a majority of not less than two thirds of the remaining Trustees. |
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Sri Lanka Consolidated Acts