Sri Lanka Consolidated Acts

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Local Loans And Development (Amendment) Act (No. 24 of 1993) - Sect 2

Amendment of section 2 of Chapter 404

2. Section 2 of the Local Loans and Development Ordinance (hereinafter referred to as the " principal enactment") is hereby amended as follows:
(1) by the repeal of subsection (2) of that section and the substitution of the following subsection therefor:
" (2) The commissioners shall consist of at least thirteen persons all of whom shall be appointed by the Minister, and
(a) one of whom shall be the Secretary to the Ministry of the Minister who shall also be the Chairman thereof;
(2) by the addition, at the end of that section, of the following subsections:
" (4) The commissioners shall meet as often as may be deemed necessary by the Chairman :


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