CENTRAL FREIGHT BUREAU LAW

Arrangement of Sections

1. Short title.

2. Establishment of the Central Freight Bureau of Sri Lanka.

3. Members of the Bureau.

4. Board of Directors.

5. Remuneration of members of the Bureau.

6. Members of the Bureau to disclose interest in contract proposed to be made by the Bureau.

7. Quorum for meeting of the Board and regulation of procedure.

8. Validity of acts or proceedings of the Board.

9. Members of the Board to administer the affairs of the Bureau.

10. Delegation of powers and duties of the Board.

11. Chairman of the Board.

12. Seal of the Bureau.

13. Powers of the Minister in relation to the Bureau.

14. Objects of the Bureau.

15. General powers of the Bureau.

16. Exclusive right to book Freight.

17. Certain arrangements and agreements rendered null and void.

18. Charges that may be made by the Bureau.

19. Penalty for default.

20. Indemnity.

21. Vesting of property of the Ceylon Freight Bureau in the Central Freight Bureau of Sri Lanka.

22. No compensation for loss incurred by reason of vesting exclusive right to reserve space in the Bureau.

23. Application of provisions of the Public Corporations (Financial Control) Act, and the financial year of the Bureau.

24. Appointment of officers and servants of the Bureau.

25. Officers and servants of Bureau deemed to be public servants.

26. Bureau deemed to be scheduled institution within the meaning of the Bribery Act.

27. Directions of the Bureau.

28. Protection for action taken under this Law or on the direction of the Bureau.

29. Regulations.

30. Offences.

31. This Law to prevail in case of conflict with other written law.

32. Acquisition of immovable property.

33. Interpretation.

26 of 1973.

A LAW to provide for the establishment of the Central Freight Bureau of Sri Lanka for the purpose of centralisation of booking of freight from Sri Lanka to such foreign ports as may be determined by the minister by order published in
the Gazette to make provision for the termination of the activities of the Ceylon Freight Bureau set up under the aegis of the shippers' council of Ceylon to regulate the powers and duties of the bureau and to provide for matters connected therewith or incidental thereto.

[Date of Commencement: 1st September, 1973]

1. Short title.

This Law may be cited as the Central Freight Bureau of Sri Lanka Law.

2. Establishment of the Central Freight Bureau of Sri Lanka.

(1) There shall be established a Bureau which shall be called the Central Freight Bureau of Sri Lanka (hereinafter referred to as "the Bureau”).

(2) The Bureau shall, by the name assigned to it by subsection (1), be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name.

3. Members of the Bureau.

The members of the Board of Directors of the Bureau shall be the members of the Bureau.

4. Board of Directors.

(1) The Bureau shall have a Board of Directors consisting of not more than seven members appointed by the Minister.

(2) A person shall be disqualified for being appointed, or continuing, as a Director if he is a Member of Parliament.

(3) Every Director shall hold office for three years unless he earlier resigns, dies, or is removed from office.

(4) A Director may resign his office by letter addressed to the Minister.

(5) A Director vacating his office by resignation or by the expiration of his term of office shall be eligible for
re-appointment.

(6) The Minister may, without assigning a reason, remove any Director from office, and such removal shall not be called in question in any court or tribunal whether by way of appeal or writ or in any other manner whatsoever.

(7) —

(a) if a Director vacates his office otherwise than by the expiration of his term of office the Minister may appoint any other person to be a Director in place of the Director who so vacates office.

(b) any Director appointed under paragraph (a) of this subsection, unless he earlier vacates office, shall hold office for the unexpired period of office of the Director whom he succeeds.

(8) Where a Director becomes, by reason of illness or other infirmity, or absence from Sri Lanka, temporarily unable to perform the duties of his office, the Minister may appoint a fit person to act in his place for the period of such incapacity or absence.

5. Remuneration of members of the Bureau.

All or any of the Directors may be paid such remuneration from the funds of the Bureau at such rates as the Minister may determine with the concurrence of the Minister in charge of the subject of Finance.

6. Members of the Bureau to disclose interest in contract proposed to be made by the Bureau.

A Director who is in any way directly or indirectly interested in any contract made or proposed to be made by the Bureau shall disclose the nature of his interest at a meeting of the Board of Directors. The disclosure shall be recorded in the minutes of the Board of Directors, and such Director shall not take part in any deliberation or decision of the Board of Directors with respect to that contract:

Provided that the interest which any Director of the Bureau may have in a contract by virtue of his being an officer of a Government department or a public corporation, or a Director of a public corporation, shall be deemed not to be an interest within the meaning of this section.

7. Quorum for meeting of the Board and regulation of procedure.

The quorum for any meeting of the Board of Directors shall be three and subject to the provisions of this Law, the Board of Directors may regulate its own procedure in regard to meetings of such Board and transaction of business at such meetings.

8. Validity of acts or proceedings of the Board.

No act or proceeding of the Board of Directors shall be deemed to be invalid by reason only of the existence of any vacancy among its Directors or defect in the appointment of any Director thereof.

9. Members of the Board to administer the affairs of the Bureau.

The Board of Directors of the Bureau shall administer the affairs, may exercise the powers, and shall perform the duties of the Bureau.

10. Delegation of powers and duties of the Board.

(1) The Board of Directors may delegate to the Chairman, a Director or employee of the Bureau any of its powers and duties.

(2) Every person to whom any power or duty is delegated under subsection (1) shall exercise or perform such power or duty subject to the general or special directions of the Board of Directors.

11. Chairman of the Board.

(1) The Minister shall appoint the Chairman of the Board of Directors from among the Directors.

(2) If the Chairman of the Board of Directors is, by reason of illness or other infirmity or absence from Sri Lanka, temporarily unable to perform the duties of his office, the Minister may appoint one of the Directors to act in his place.

(3) The meetings of the Board of Directors shall be presided over by the Chairman appointed under
subsection (1), if present, but if such Chairman is not present at the time fixed for holding a meeting of the Board of Directors, the Directors present shall choose one of their number to preside.

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