Sri Lanka Consolidated Acts

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Shrama Vasana Fund Act (No. 12 of 1998) - Sect 3

Board of Trustees of the Fund

3.
(1) The administration, management and control of the Fund shall be vested in a Board of Trustees (hereinafter referred to as the "Board") constituted as hereinafter provided.
(2) The Board shall, for the purposes of administering the affairs of the Fund, exercise, discharge and perform, the powers, and functions conferred on or assigned to the Fund by this Act.
(3) Subject to the provisions of the Act, the Board shall have the power to make rules to regulate the procedure relating to its meetings and the transaction of business at such meetings.


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