8. The Board may -
| (a) acquire and hold any movable or immovable property, and may manage or dispose of any movable or immovable property acquired or held by it; and |
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| (b) enter into and perform or carry out, whether directly or through any officer or agent authorized in writing in that behalf by the Board, all such contracts or agreements as may be necessary for the exercise, discharge and performance of the powers, functions and duties of the Board. |
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Sri Lanka Consolidated Acts