| 8. Section 9 of the principal enactment is amended by the addition, immediately after paragraph (k) of that section, of the following new paragraphs :-
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| "(l) to issue Sri Lanka Accounting and Sri Lanka Auditing standards; | | |
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| (m) to borrow or raise monies with or without security; | | |
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| (n) to purchase, lease, rent or otherwise acquire any movable or immovable property and to sell, mortgage, lease or otherwise dispose of any such property; | | |
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| (o) to construct, alter, maintain and equip any buildings necessary for the use of the Institute; | | |
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| (p) to pay remuneration, allowances, pensions and gratuities to officers and servants of the Institute, and to their dependants; | | |
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| (q) to pay expenses to members of the Council and to any other persons who render any services to the Institute; and | | |
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| (r) to do all such other acts or things as may be necessary for carrying out the objects of the Institute" | | |
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Sri Lanka Consolidated Acts