Sri Lanka Consolidated Acts

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Public Enterprises Reform Commission of Sri Lanka Act (No. 1 of 1996) - Sect 3

Members of the Commission

3.
(1) The Commission shall consist of-
(a) two ex-officio members namely, the Secretary to the Minister of the Minister in charge of the subject of Finance and the Director General of the Securities and Exchange Commission of Sri Lanka established by the Securities and Exchange Commission of Sri Lanka Act, No. 36 of 1987; and
(b) not less than four and not more than six members of whom one member shall be a public officer, appointed by the Minister (hereinafter referred to as the "appointed members').
(2) The Minister shall nominate from amongst the members of the Commission, one member to be the chairman of the Commission.
(3) The provisions of the Schedule to this Act shall have effect in relation to the term, of office of the members of the Commission and the remuneration payable to the Commission.


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