4. The Centre shall have the following powers :-
| (a) to acquire and to hold, property, both movable and immovable, and to pledge or sell, mortgage, give on lease or hire, exchange, or otherwise dispose of. the same : |
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| (b) to accept grants, gifts or donations from persons or bodies of persons, in or outside Sri Lanka ; |
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| (c) to enter into, and perform, all such contracts and agreements as may be necessary for the purposes of discharging its functions ; |
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| (d) to appoint such officers and servants as may be necessary for the discharge of its functions and to exercise disciplinary control over, and dismiss, such officers and servants ; |
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| (e) to determine the remuneration payable to. and the terms and conditions of service of. such officers and servants ; |
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| (f) to charge fees for services and facilities provided by it. |
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| (g) to borrow or raise money, with or without security ; |
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| (h) to open, operate and close, bank accounts ; |
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| (i) to conduct training courses and workshops for the purposes of discharging its functions : |
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| (j) to invest its unutilized moneys in such securities as may be approved by the Minister with the concurrence of the Minister in charge of the subject of Finance; and |
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| (k) to do all such other acts as may be necessary for. or conducive to. for the proper discharge of it's functions. |
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Sri Lanka Consolidated Acts