11. The Board shall have power subject to the direction of the Minister-
| (a) to appoint such officers and servants of the Fund as may be necessary for the administration and management of the affairs of the Fund ; |
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| (b) to determine the remuneration payable to the officers and servants so appointed ; and |
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| (c) to pay such remuneration and other expenses incurred in the administration of the affairs of the Fund out of the income of the Fund. |
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Sri Lanka Consolidated Acts