7.
| (1) Subject to the provisions of this Act and any rules made thereunder, the Board shall have the power to appoint the officers and servants of the Foundation. |
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| (2) Every appointment of the officers and servants of the Foundation shall be made by the Board in accordance with the schemes of recruitment and procedures for appointment, prescribed by rules. |
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| (3) Subject to the provisions of this Act and any rules made thereunder, the Board shall determine the terms and conditions of service of the officers and servants of the Foundation including their wages, salaries and other remuneration, |
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| (4) The officers and servants of the Foundation shall be subject to the disciplinary control, including power of dismissal, of the Board. The Board may make rules in regard to matters of discipline. |
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| (5) The Board may establish and regulate provident funds and schemes for the benefit of the officers and servants of the Foundation and may make contributions to any such fund or scheme. |
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Sri Lanka Consolidated Acts