Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsCorporation may hold property movable and immovable
| 11. The Corporation shall be able and capable in law to acquire and hold any properly, movable or immovable, upon or by virtue of any instrument of purchase, grant, gift or tease or upon or by virtue of any testamentary disposition or otherwise, and all such property shall be held by the Corporation for the purposes of this Act and subject to the rules for the time being of the Corporation, or otherwise for the purposes of and upon the trusts in and subject to the conditions in the relative instrument of disposition with full power (subject always to the provisions of any written law relating to trusts and of the relative instrument or disposition) to sell, mortgage, lease, exchange or otherwise dispose of, incumber or charge the same. |