Sri Lanka Consolidated Acts

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The Associated Newspapers of Ceylon, Limited (Special Provisions) Law (No. 28 of 1973) - Sect 8

Vacation of Office by Directors of the company

8.
(1) A Director of the company shall vacate his office-
(a) if, being an appointed Director, he is removed from office by the Public Trustee or resigns his office by letter sent to the Secretary of the company; or
(b) if, being an elected Director, he resigns his office by letter sent to the Chairman of the Board of Directors of the company through such Secretary.
(2) Any Director of the company who vacates his office by resignation or effluxion of time shall be eligible for reappointment or re-election.


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