| (2) Without prejudice to the generality of powers conferred by subsection (1), the Board may exercise, perform and discharge the following powers, duties and functions : -
|
| (a) to act as the policy-making body of the Centre, and lay down or approve in principle its major programmes; | | |
|
| (b) to hold, control and administer the funds of the Centre; | | |
|
| (c) take and hold any property, movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition or otherwise assign, exchange or otherwise dispose of the same; | | |
|
| (d) to approve the budget and review the financial conditions of the Centre, and such progress reports of the Centre as may be submitted by the Director ; | | |
|
| (e) to raise funds for the administration of the Centre and to receive donations, grants and gifts in cash or kind from local or foreign sources for the running of the Centre; | | |
|
| (f) establish a fund for the promotion of communication and computer technologies and energy studies ; | | |
|
| (g) to invest any money belonging to the Centre including any unapplied income, in any security in which, under the provisions of section 20 of the Trusts Ordinance or of any other written law, it is lawful to invest any such moneys in the purchase of immovable property in Sri Lanka, vary investments or to place on fixed deposit in any bank any portion of such moneys not required for immediate expenditure; | | |
|
| (h) enter into agreement for co-operation with educational or other institutions whether in Sri Lanka or abroad having objects wholly or partly similar to those of the Centre for the exchange of personnel and students and generally for such purposes as may be conducive to their common objects; | | |
|
| (i) make appointments to the staff of the Centre ;
| | |
|
| (j) levy fees or charges for any services rendered by the Centre or enter into contracts for undertaking research and development; | | |
|
| (k) to delegate any of its powers, duties and functions to the Director, Deputy Director, Council or committees ; | | |
|
| (l) make rules in respect of the management of the affairs of the Centre ; and
| | |
|
| (m) to do all such other acts as may be necessary for the achievement of the aims and objects of the Centre. | | |
|
Sri Lanka Consolidated Acts