6. The Corporation shall subject to the provisions of this Act or other written law have the following powers ;"
| (a) to receive grants, gifts or donations, in cash or kind from local or foreign sources ; |
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| (b) to give grants, endowments or scholarships for the purposes of the Corporation ; |
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| (c) to appoint all such officers and servants as it may deem necessary and, remunerate, dismiss and exercise disciplinary control over such officers or servants; |
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| (d) to open, operate and close bank accounts and to borrow or raise money for the purpose of the Corporation with or without security ; |
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| (e) to invest such of the moneys of the Corporation as are not immediately required for the purpose of the Corporation in any such investments as are authorized by law for the investment of trust funds and accepted in Islam and to recall, reinvest and vary such investments at the discretion of the Board; |
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| (f) to take all steps as may be necessary or desirable for the attainment of all or any of the objects of the Corporation. |
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Sri Lanka Consolidated Acts