4. Subject to the provisions of this Act and any other written law, the Corporation shall have the power to-
| (a) raise funds, and receive grants, gifts or donations, in cash or kind, whether from local or foreign sources ; |
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| (b) acquire in any manner whatsoever, and hold, take or give on lease or hire, sell or otherwise dispose of. any movable or immovable property ; |
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| (c) invest the funds of the Corporation in such investments as are likely to bring the best return and to recall or reinvest any such investment ; |
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| (d) engage, employ and remunerate, such officers and servants as may be necessary for carrying out the objects of the Corporation and exercise disciplinary control over such officers and servants ; |
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| (e) open, operate and close bank accounts and borrow or raise money, with or without security ; |
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| (f) perform and execute all other acts and things as are necessary or desirable for the attainment of the objects of the Corporation. |
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Sri Lanka Consolidated Acts