Sri Lanka Consolidated Acts

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National Enterprise Development Authority Act (No. 17 of 2006)


           Long Title

   1.	   Short title and date of operation  
   2.	   Establishment of the National Enterprise Development Authority  
   3.	   Constitution of the Board of the Authority  
   4.	   Disqualification from being a member of the Board  
   5.	   Removal and resignation of members  
   6.	   Term of office of members  
   7.	   Meetings of the Board  
   8.	   Remuneration of members  
   9.	   Acts not invalidated by reason of a vacancy  
   10.	   Authority to comply with the general policy of the Government  
   11.	   Seal of the Authority  
   12.	   Declaration and management of Special Economic Zones  
   13.	   Objectives of the Authority  
   14.	   Powers, duties and functions of the Board  
   15.	   Powers of the Board to enter into any agreement  
   16.	   Empowering of persons to act for Authority outside Sri Lanka  
   17.	   Compulsory acquisition of Land  
   18.	   State movable property to be made available to the Authority  
   19.	   Fund of the Authority  
   20.	   Financial year and audit of accounts  
   21.	   Director- General  
   22.	   Staff of the Authority  
   23.	   Appointment of officers and servants of public corporation to the staff of the Authority  
   24.	   Authority to ensure that financial assistance given for carrying out development projects is utilized for same  
   25.	   Authority not to transact business with enterprises in which a member has interest, unless approved by the Minister  
   26.	   Directions of the Minister  
   27.	   Authority deemed to be a scheduled institution within the meaning of the Bribery Act  
   28.	   Members, officers and servants of the Authority deemed to be public servants  
   29.	   Reimbursement of expenses  
   30.	   Regulations  
   31.	   Rules  
   32.	   Exemption of Authority from payments of duties etc  
   33.	   Authority to be vested with certain powers under the Urban Development Authority Law  
   34.	   Sinhala text to prevail in case of inconsistency  
   35.	   Interpretation  

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