6.
| (1) The Corporation shall, subject to the provisions of this Act and other written law have power to do all things necessary for, or conducive or incidental to, the carrying out 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 subscription whether in cash or otherwise, from local or foreign sources ; | | |
| | (b) to acquire in any manner whatsoever and 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 money, 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 movable or immovable property as may be proper or necessary for the purposes 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 on furtherance of its objects and to give financial assistance to the Corporation ; and | | |
| | (g) to appoint a Board of Admission consisting of four members of the Committee of Management to manage the affairs of the Madrasa or religious schools and conduct adult classes and to appoint a member of the said Board of Admission as manager of each such school. | | |
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Sri Lanka Consolidated Acts