Sri Lanka Consolidated Acts

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Finance Act (No. 11 of 1963) - Sect 4

Constitution of the Board

4.
(1) The Board shall consist of not more than five members appointed by the Minister.
(2) The Minister shall appoint one of the members of the Board to be the Chairman of the Board.
(3) The Minister may, if he thinks it expedient to do so, remove, by Order published in the Gazette, any member of the Board from office without reason stated.
(4) A member of the Board in respect of whom an Order under subsection (3) of this section is made by the Minister shall vacate his office on the date of the publication of such Order in the Gazette.
(5) A member of the Board may at any time resign his office by letter addressed to the Minister.
(6) If the Chairman or any other member of the Board is temporarily unable to discharge the duties of his office on account of ill health or absence from Ceylon or any other cause, the Minister may appoint some other person to act in his place as the Chairman, or as a member, of the Board, as the case may be.
(7) Every member of the Board shall, unless he earlier vacates office by resignation or removal, hold office for a period of five years. Any member of the Board who vacates office by effluxion of time shall be eligible for reappointment.
(8) No act or proceeding of the Board shall be invalid by reason only of the existence of any vacancy among its members or any defect in the appointment of any of its members.
* 10th January, 1964-See Gazette Extraordinary No. 13,904 of January 6, 1964.


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