Sri Lanka Consolidated Acts

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Thurusaviya Fund Act (No. 23 of 2000) - Sect 3

Constitution of the Board of Management of the Fund

3.
(1) The administration, management and control of the Fund shall be vested in a Board of Management constituted as hereinafter provided.
(2) The Board of Management of the Fund (hereinafter referred to as "the Board") shall consist of the following members :"
(a) the Chairman of the Tea Smallholdings Development Authority established by the Tea Smallholdings Development Law. No. 35 of 1975;
(b) the Chairman of the Sri Lanka Rubber Manufacturing and Exports Corporation :
(c) a senior officer of the Ministry of Plantation Industries with experience in the subject of accounts, nominated by the Minister ;
(d) the Director-General of the Rubber Development Department ;
(e) the Chairman of the Rubber Research Board or his representative ;
(f) two members appointed by the Minister from among persons who have had experience in the rubber industry :
(g) the President of every Regional Thurusaviya Society registered under this Act. namely. Colombo. Kalutara. Galle. Kegalle and Ratnapura;
(h) the President of the Sri Lanka Federation of Rubber Smallholdings Development Societies who shall be a member of the Board notwithstanding the fact that he is also the President of a Regional Thurusaviya Society registered under this Act.
(3) The Minister shall appoint one of the members of the Board to be the Chairman of the Board.


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