SRI LANKA STATE PLANTATIONS CORPORATION ACT

Arrangement of Sections

1. Short title.

2. Establishment of the Sri Lanka State Plantations Corporation.

3. Members of the Corporation.

4. Chairman of the Corporation.

5. Objects of the Corporation.

6. Powers of the Corporation.

7. Capital of the Corporation.

8. Profits of the Corporation.

9. Grant of State Land to be planted by, and assignment of the management of planted State Land to, the Corporation.

10. Seal of the Corporation.

11. Employees of the Corporation.

12. Pension schemes for employees of the Corporation.

13. Accounts.

14. Audit.

15. Annual report.

16. Documents to be transmitted to the Minister and to be placed before Parliament.

17. Exercise of the powers of the Corporation.

18. Directions of the Minister.

19. Proceedings of the Corporation.

20. Acquisition of land under Acquisition Act for the Corporation.

21. Regulations.

22. Interpretation.

4 of 1958,

12 of 1962,

49 of 1979,

34 of 1985.

AN ACT to provide for the establishment of a Corporation for the purpose of setting up and carrying on agricultural undertakings; to specify such agricultural undertakings; to regulate the powers and duties of such Corporation; and to make provision for matters connected therewith or incidental thereto.

[Subs by s 2 of Act 49 of 1979.]

[Date of Commencement: 20th February, 1958]

1. Short title.

This Act may be cited as the Sri Lanka State Plantations Corporation Act.

[S 1 am by s 3 of Act 49 of 1979.]

2. Establishment of the Sri Lanka State Plantations Corporation.

(1) There shall be established a Corporation which shall be known as "the Sri Lanka State Plantations Corporation” (hereafter in this Act referred to as "the Corporation”) and which shall consist of the persons who are from time to time appointed under section 3 as the members thereof.

(2) The Corporation shall be deemed to be established on the date with effect from which its first members are appointed under section 3.1

(3) The Corporation shall have perpetual succession and a common seal, and may sue and be sued in the name assigned to it by subsection (1).

3. Members of the Corporation.

(1) Subject to the provisions of subsection (2) there shall be nine members of the Corporation who shall be appointed by the Minister as follows—

(a) seven members who shall be appointed from among persons possessing a knowledge of planting, management or labour relations, or who have expertise in industrial, financial and commercial matters;

(b) one member who shall be a professionally qualified accountant; and

(c) one member who shall be an economist with post-graduate qualifications.

One of such members referred to in paragraph (a) above, shall be an officer of the General Treasury, who shall hereafter in this Act be referred to as an "official member”.

[S 3(1) subs by s 2 of Act 34 of 1985.]

(2) If a member of the Corporation is temporarily unable to function as such member, the Minister may—

(a) where the member is not the official member, appoint any person to act as a member of the Corporation; and

(b) where the member who is so unable to function is the official member, appoint any other officer of the General Treasury, to act as a member of the Corporation;

[S 3(2) subs by s 4 of Act 49 of 1979]

(3) Every member of the Corporation shall, unless he vacates the office of member of the Corporation earlier, hold such office for a period of three years commencing on the date of his appointment:

Provided that—

(a) a person who is appointed as a member of the Corporation in place of a member who has vacated the office of member of the Corporation before the end of his term of office shall, unless the member so appointed vacates the office of member of the Corporation earlier, hold such office during the unexpired part of such term, and

(b) a person appointed to act as a member of the Corporation during the absence of a member of the Corporation who is temporarily unable to function as such member shall, unless he vacates the office of member of the Corporation earlier, hold such office during such absence.

(4) A member of the Corporation may resign the office of such member by letter addressed to the Minister.

(5) The Minister may, without assigning any reason, terminate the appointment of any person as a member of the Corporation.

(6) A member of the Corporation shall be deemed to vacate the office of such member if he resigns such office or if his appointment as such member is terminated by the Minister.

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