6.
(1)The administration, management and control of 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 vested in the Board of Management consisting of five members whose names are specified in the Schedule hereto and three other members of the Corporation appointed according to the rules in force for the time being of the Corporation. |
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(2) Venerable Banagala Upatissa Thero the present Director of the Foundation, shall be the Chairman and Executive Director of the Board of Management: |
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(3) The Vice-Chairman, the Secretary and the Treasurer shall be appointed according to the rules in force for the time being of the Corporation. |
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(4) The three members appointed according to the rules in force for the time being of the Corporation shall hold office for three years from the date of appointment and shall be eligible for re-appointment at the end of three years. |
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(5) Meeting of the Board of Management shall be held at least once in every six months. |
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(6) The quorum for a meeting of the Board of Management shall be three. |
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