Sri Lanka Consolidated Acts

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Habarakuda Siri Darmawijeya Sahana Sewa Foundation (Incorporation) Act (No. 18 of 2000) - Sect 11

Corporation may hold property movable or immovable

11. The Corporation shall be able and capable in law. to acquire and hold any property movable or immovable which may become vested in it by virtue of purchase, grant, gilt, testamentary disposition or otherwise, and all such properly shall be held by the Corporation for the purposes of this Act. and subject to the rules in force for the time being of the Corporation, it shall have full power to sell, mortgage, lease. exchange or otherwise dispose of the same.


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