Sri Lanka Consolidated Acts

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Housing Development Finance Corporation of Sri Lanka Act (No. 7 of 1997) - Sect 14

Appointment and Powers of the General Manager

14.
(1) The Board shall, with the prior written approval Of the Minister appoint a General Manager to the staff of the Corporation on such salary and with such allowances as may be fixed by the Board.
(2) The General Manager shall be a full time officer of the Corporation and shall be the Chief Executive Officer of the Corporation.
(3) The General Manager shall attend every meeting of the Board unless the Board otherwise directs, but he shall have no right to vote.

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