Sri Lanka Consolidated Acts

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Ceylon Railway Daily-Paid Workers Benevolent Association (Incorporation) Act (No. 3 of 1965) - Sect 25

Power to hold property

25. The Corporation shall have power to acquire and hold any movable or immovable property which may become vested in it by right of purchase, grant, gift, testamentary disposition or otherwise and all such property shall be held by the Corporation for the purposes of this Act, with power to sell, mortgage, lease, exchange or otherwise dispose of the same, subject to any provision in that behalf contained in this Act or in the rules of the Corporation.


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