Sri Lanka Consolidated Acts

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Coconut Development Act (No. 46 of 1971) - Sect 58

Board to take over business of other Boards

58.
(1) On and after such date as the Minister may fix by Notification published In the Gazette the Board shall take over and carry on the business or any part of the business of any one or more of the following Boards-
(a) the Ceylon Coconut Board established under the Coconut Products Ordinance,
(b) the Coconut Research Board established under the Coconut Research Ordinance, and
(2) Every employee of each of the said Boards the business of which is taken over in terms of subsection (1), who loses employment as a consequence of such taking over, shall be offered employment in any one or other, as determined by the Authority, of the Boards established under this Act upon terms and" conditions not less favourable than those enjoyed by such employee before the taking over,
(3) Regulations may be made in respect of any unforeseen or special circumstances, or for determining or adjusting any question, or matter that may directly or indirectly arise, in connection with the carrying out of the provisions of sub-section (1) and: sub-section (2).


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