4. The Corporation shall have such powers, rights and authorities as may reasonably be necessary or expedient to carry out its functions, and in particular it may-
| (a) establish, instal, and operate broadcasting stations; |
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| (b) acquire by purchase, lease, sublease, or otherwise any land or interest in land, with or without any building; |
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| (c) erect, alter, or reconstruct any broadcasting station, or any building or structure for use in connection with any broadcasting station, or in connection with the exercise of its powers, on any land belonging to or administered by the Corporation; |
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| (d) with the prior approval of the Minister, dispose of by sale, lease, sublease, or otherwise any land or interest in land; |
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| (e) acquire by purchase or otherwise, any property, rights, or privileges that it considers necessary for the purposes of this Act; |
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| (f) dispose of by sale or otherwise, or turn to account or otherwise deal with, any movable property, rights, or privileges of the Corporation; |
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| (g) with the prior approval of the Minister given with the concurrence of the Minister of Finance, and subject to such terms and conditions as may be approved, advance money to any person or body of persons, whether incorporated or not, carrying on or intending to carry on the business of producing programmes for broadcasting, whether in conjunction with any other business or not, or give in respect of any advances made to any such person or body as aforesaid by any other person any guarantee, indemnity, or security; |
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| (h) with the prior approval of the Minister given with the concurrence of the Minister of Finance, subscribe for, acquire, and hold, and dispose of or otherwise deal with, shares or stock in any company, whether incorporated within or outside Ceylon, carrying on or intending to carry on the business of providing programmes for broadcasting, whether in conjunction with any other business or not; |
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| (i) use the facilities and equipment of the broadcasting service in such manner as may be thought fit for the purpose of promoting and assisting in the development and carrying on of those arts and cultural pursuits which are usually included in the purpose of broadcasting; |
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| (j) take on lease, rent, or purchase houses, or purchase sites and erect houses, for the use of its officers; |
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| (k) publish or arrange for the publication of such periodicals or other publications as it may consider of benefit to any broadcasting service carried on by the Corporation; |
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| (l) do all such things as the Corporation considers to be in the interests of the community for the purpose of developing and improving broadcasting talent; and |
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| (m) act in combination or association with any person or body of persons, whether incorporated or not and whether in Ceylon or elsewhere, for any of the aforesaid purposes. |
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Sri Lanka Consolidated Acts