Sri Lanka Consolidated Acts

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Housing Development Finance Corporation of Sri Lanka Act (No. 7 of 1997)


           Long Title

   1.	   short title  
   2.	   Housing Development Finance Corporation of Sri Lanka  
   3.	   Directors  
   4.	   Qualifications to be a director  
   5.	   Chairman of the Board  
   6.	   Meetings of the Board  
   7.	   Director to disclose interest in of Board   
   8.	   Powers of the Board of Directors  
   9.	   Delegation  
   10.	   Seal of the Corporation  
   11.	   Board may act despite vacancy  
   12.	   Functions of the Corporation  
   13.	   Powers of the Corporation  
   14.	   Appointment and Powers of the General Manager  
   15.	   Officers and servants of the Board  
   16.	   Capital of the Corporation  
   17.	   Contributions to the Fund  
   18.	   Liability of shareholders  
   19.	   General borrowing powers of the Corporation  
   20.	   Borrowing from the Government  
   21.	   Borrowing from foreign Governments, &c  
   22.	   Debentures and Stock  
   23.	   Government to Guarantee repayments, &c  
   24.	   Corporation  
   25.	   Restriction on declaration of dividend  
   26.	   Audit of the accounts  
   27.	   Rules of the Corporation  
   28.	   Application of the Companies Act, No. 17 of 1982 to the Corporation  
   29.	   Certain laws not to apply to Corporation  
   30.	   Power to inspect valuation rolls of local rating authorities  
   31.	   Bills of Exchange and promissory notes  
   32.	   Persons authorised Corporation  
   33.	   Application of Chapter VI of Evidence Ordinance Corporation  
   34.	   Secrecy  
   35.	   Annual General Meeting,  
   36.	   Protection of action  
   37.	   Offences  
   38.	   Regulations,  
   39.	   Transfer of assets and liabilities of the Housing Finance Development Corporation of Sri Lanka Ltd  
   40.	   Transitional provisions  
   41.	   Amendment of section 22 of Act No. 4 of 1990  
   42.	   Housing Protection of Employment and Compensation  
   43.	   Sinhala text to prevail in case of inconsistency  
   44.	   Interpretation  

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