| (1) The Board may from time to time, at a general meeting and by a majority of votes of not less than two-thirds of the members present and voting thereat, make rules, not inconsistent with the provisions of this Act, or any other written law, in respect of all or any of the following matters:
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| (a) the award of scholarships and the provisions of financial assistance to the students referred to in section 3(c). | | |
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| (b) the procedure to be followed in the transaction of business at meetings of the Board; | | |
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| (c) the powers, conduct, duties and functions of the members of the Board and the officers and servants of the Board; | | |
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| (d) the defrayal of such expenses as may be incurred by the Board for the purpose of carrying out the objects of the Trust; | | |
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| (e) the management of the affairs of the Trust and the accomplishment of its objects; | | |
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| (f) the administration and management of the property of the Trust, the custody of its funds and the maintenance and audit of its accounts; | | |
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| (g) the keeping of accounts, the deposit of moneys and the custody of documents; and | | |
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| (h) any other matter connected with or incidental to the objects of the Corporation. | | |
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Sri Lanka Consolidated Acts