Sri Lanka Consolidated Acts

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Textile Quota Board Act (No. 33 of 1996) - Sect 5

Powers, duties and functions of the Board

5. For the purpose of carrying out its objects, the Board may exercise, perform and discharge all or any of the following powers, duties, and functions-
(a) to manage and carry-out the Scheme or schemes for the distribution, utilization and allocation of export quotas ;
(b) to allocate export quotas among registered exporters and to vary, suspend, cancel or restore allocations of export quotas ;
(c) to determine the terms and conditions subject to which export quotas will be allocated ;
(d) to direct registered exporters to furnish in such form as may be determined by the Board, information relating to their manufacturing capacity, employment, production, utilization of export quotas, marketing Programmes and any other related matters ;
(e) to collect, collate, classify and publish information relating to the management of the scheme or schemes and the utilization of export quotas ;
(f) to monitor from time to time the utilization of export quotas allocated to registered exporters ;
(g) to purchase, hold, take, give on lease, mortgage or hire or sell or otherwise dispose of movable or immovable properly ;
(h) to open and maintain bank accounts ;
(i) to levy fees or charges for any services rendered or provided to registered exporters or on registration of such exporters ;
(j) to appoint, employ, remunerate, exercise disciplinary control over and dismiss its officers, servants and agents ;
(k) to make rules relating to meetings of the Board and on matters in respect of which rules are required to be framed under this Act ; and
(l) generally to do all such other things as are necessary to facilitate the proper discharge of functions of the Board.


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