6.
| (1) Subject to the provisions of this Act, and any other written law, the Corporation shall, have the power to do all things necessary or desirable for the promotion or furtherance of the objects of the Corporation. |
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| (2) Without prejudice to the generality of the powers conferred by subsection (1), the Corporation shall have the following powers and functions: "
| | (a) to receive or collect gifts, grants, donations, subsidies and subscriptions, whether in cash or otherwise, from local or foreign sources ; | | |
| | (b) to acquire in any manner whatsoever, and to hold, take or give on lease or hire, mortgage, pledge, sell or otherwise dispose of, any movable or immovable property; | | |
| | (c) to open, operate and close bank accounts, and to borrow or raise moneys, with or without security; | | |
| | (d) to invest the funds vested in, or belonging to, the Corporation in adequate securities or in the purchase or acquisition of such lands, buildings, goods, chattels, or other property as may be proper or necessary for attaining the objects of the Corporation ; | | |
| | (e) to erect or cause to be erected, any building or structure on any land belonging to, or held by, the Corporation'; | | |
| | (f) to choose a Board of Supporters to advise the Corporation in the attainment of its objects and to give financial assistance to the Corporation and | | |
| | (g) to appoint a Board of Admission consisting of four members from the Committee of Management to manage the affairs of the Madharasa, and to appoint a member of the said Board of Admission as Manager of the Madharasa. | | |
| | (h) to appoint, dismiss and exercise disciplinary conduct over, such officers and servants as may be necessary for the attainment of its objects. | | |
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Sri Lanka Consolidated Acts