Credit Councils (Amendment) Act (No. 38 of 1981)

Sri Lanka Consolidated Acts

Amendment of section 13 of the principal enactment

8. Section 13 of the principal enactment is hereby amended in subsection (2) thereof as follows:"

(i) by the insertion, immediately after paragraph (a) thereof, of the following new paragraph:"

	"(aa) all matters connected with the procedure regarding the conduct of meetings, including the quorum required for meetings of a Committee of Management, or an interim Committee of Management of a Credit Council, as the case maybe; ";

(ii) by the substitution, for paragraph (b) thereof, of the following paragraph:"

	"(b) all matters connected with the election of a Committee of Management of a Credit Council;";

(iii) by the substitution, for paragraph (d) thereof, of the following paragraph:"

	" (d) the administration of the Central Fund, local funds and the Rehabilitation Fund : ":

(iv) by the insertion, immediately after paragraph (h) thereof, of the following new paragraph:" "

	(hh) duties and functions of the Advisory Committee; "; and

(v) by the substitution, for paragraph (i) thereof, of the following paragraph:"

	" (i) the maintenance of accounts of the Central Fund, the local funds and the Rehabilitation Fund.".