Sri Lanka Export Credit Insurance Corporation Act (No. 15 of 1978)

Sri Lanka Consolidated Acts

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Sri Lanka Export Credit Insurance Corporation Act (No. 15 of 1978) - Sect 3

Constitution of the Board of Directors of the Corporation

(1) The management and the administration of the affairs of the Corporation shall be vested in a Board of Directors (hereinafter referred to as the " Board ") which shall consist of the following members appointed by the Minister :-

	(a) a Chairman in consultation with the Minister in charge of the subject of Finance ;

	(b) an officer of the Central Bank of Ceylon nominated by the Monetary Board;

	(c) an officer of the Insurance Corporation of Ceylon nominated by the Board of Directors of the Insurance Corporation of Ceylon ;

	(d) an officer of the Ministry of the Minister in charge of the subject of Trade ; and

	(e) an officer of the Ministry of the Minister In charge of the subject of Finance nominated by such Minister.

(2) The provisions of Part III of this Act shall apply to the members of the Board.

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