28.
| (1) The Board shall, every three years appoint such number of fit and proper persons as it may deem fit to constitute a Panel of Valuers. The duty of each member of such Panel shall be to inspect and value properties for the Bank. |
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| (2) A member of the Panel of Valuers shall, unless he earlier vacates office by reason of death or resignation or removal, hold office for a period of three years: |
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| (3) Rules may be made governing the appointment of members to, and the resignation and removal of members from, the Panel of Valuers. |
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| (4) Rules may be made fixing the rates of remuneration and travelling charges of members of the Panel of Valuers: |
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Sri Lanka Consolidated Acts