Sri Lanka Consolidated Acts

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Ceylon Petroleum Corporation Act (No. 28 of 1961) - Sect 27

Chairman and Vice _ Chairman of Board of Directors

17.
(1) The Minister shall appoint a Chairman and may appoint a Vice-Chairman of the Board of Directors from among the Directors.
(2) If the Chairman or the Vice-Chairman is, by reason of illness or other infirmity or absence from Ceylon, temporarily unable to perform the duties of his office, the Minister may appoint one of the Directors to act in his place.
(3) The Minister may, without assigning a reason, terminate the appointment of the Chairman or Vice- Chairman. The termination of the appointment of the Chairman or Vice-Chairman shall not be called in question in any court.
(4) Where the Chairman or the Vice-Chairman is not a public officer, he may resign the office of such Chairman or Vice-Chairman by letter addressed to the Minister.
(5) Subject to the provisions of subsection (3), and subsection (4), the term of office of the Chairman shall be the period of his membership of the Board of Directors and the term of office of the Vice-Chairman shall be the period of his membership of such Board.


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