Notional Savings Bank (Amendment) Act (No. 28 of 1995)

Sri Lanka Consolidated Acts

Replacement of section 25 of the principal enactment

15. Section 26 of the principal enactment is hereby repeated, and the following section is substituted therefor :-

26.

	(1) The Board shall appoint a fit and proper person to be the General Manager of the Bank.

	(2) The Board may appoint such other officers and servants as it may consider secretary for the conduct of the business of the Bank.

	(3) The salaries, allowances and other benefits and conditions of service of the General Manager and officers and servants of the Bank, shall be determined by the Board.",