View All - 1996 Acts Section No : Acts & Ordinances SOUTHERN DEVELOPMENT AUTHORITY OF SRI LANKAMarginal Notes1. This Act may be cited as the Southern Development Authority of Sri Lanka Act, No. 18 of 1996.2. Establishment of the Southern Development Authority.3. Designated Area of the Authority.4. Members of the Authority.5. Chairman of the Authority.6. Term of office of appointed members and their removal and resignation.7. Disqualification for being appointed as members.8. Vacancy among members not to invalidate acts and proceedings.9. Remuneration of members.10. Meetings and quorum at meetings of the Authority.11. Seal of the Authority.12. Objects of the Authority.13. Powers duties and functions of the Authority.14. Authority to make arrangements or contracts for carrying out its functions.15. Empowering of persons to act for Authority outside Sri Lanka.16. Special powers of Authority in respect of certain Departments or Corporations.17. Compulsory acquisition of land.18. Fund of the Authority.19. Power of Authority to call upon public corporation & c. to carry out certain Functions.20. Financial year of the Authority.21. Audit of Accounts.22. Exemption of Authority from payments of taxes.23. Borrowing of the Authority and Government Guaranteed.24. Director General.25. Staff of the Authority.26. Appointment of officers and servants of public corporations to the staff of the Authority.27. Delegation of powers & c of the Authority.28. Authority to ensure that financial assistance given for carrying out development projects is utilized for same.29. Authority not to transact business with enterprises in which a member has interest, unless approved by the Minister.30. Powers of Minister to order investigations upon activities.31. Directions of the Minister.32. Authority deemed to be scheduled Institution within the meaning of the Bribery Act,33. Members, officers, and servants of Authority & c, to be deemed public servants.34. Protection for action taken under this Act or on the direction of the Authority.35. Regulations.36. Rules.37. Sinhala text to prevail in case of inconsistency.38. Interpretation.