Sri Lanka Consolidated Acts

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Shrama Vasana Fund Act (No. 12 of 1998) - Sect 4

Constitution of the Board

4.
(1) The Board shall consist of the following :"
(a) Secretary to the Ministry of the Minister in charge of the subject of Labour who shall be the Chairman of the Board (hereinafter referred to as the "Chairman");
(b) a representative of the Ministry of the Minister in charge of the subject of Finance, nominated by the Minister, in consultation with the Minister in charge of the subject of Finance ; and
(c) four persons appointed by the Minister, (hereinafter referred to as "appointed members").
(2)
(a) every appointed member shall unless he vacates office earlier by death, resignation or removal, hold office for a period of three years from the date of his appointment to such office.
(b) every appointed member may resign his office by a letter in that behalf addressed to the Minister and such resignation shall take effect upon it being accepted by the Minister.
(c) the Minister may, without assigning any reason therefore, remove any appointed member from office.
(d) where any appointed member is, by reason of illness or other infirmity or absence from Sri Lanka, temporarily unable to perform the duties of his office, the Minister may appoint another person to act in his place.
(e) where any appointed member dies or resigns or is removed from office, the Minister shall appoint another person in his place and the person so appointed shall hold office for the unexpired period of the term of office of the member whom he succeeds.
(f) an appointed member vacating office by effluxion of time shall be eligible for reappointment.
(3)
(a) the Chairman shall preside at every meeting of the Board. In the absence of the Chairman from any meeting of the Board, a member chosen by the majority of the members present at such meeting shall preside at such meeting.
(b) the quorum for any meeting of the Board shall be three members.
(c) the Board shall have the power to act not withstanding any vacancy in its membership. Any act or process of the Board shall not be deemed to be invalid by reason only of such vacancy or any defect in the appointment of member.
(4) A person shall be disqualified from being appointed or from continuing, in office as a member of the board if he-
(a) is or becomes a member of Parliament or a member of Provincial Council or a local authority ; or
(b) is under any law in force in Sri Lanka or in any other country founded or declared to be of unsound mind ; or
(c) is a person having been declared an insolvent or a bankrupt, under any law in force in Sri Lanka or any other country , an undischarged insolvent or bankrupt ; or
(d) is serving or has served , a sentence of imprisonment imposed by nay court in Sri Lanka or any other country.


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