10. It shall be lawful for the Corporation :
| (a) to purchase, acquire, rent, construct or otherwise obtain, lands or buildings which may be required for the purpose of the Corporation and which may lawfully be acquired for those purposes and to deal with, or dispose of, the same, as it may deem expedient, with a view to promoting the objects of the Corporation; |
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| (b) to invest any funds nut immediately required for the purposes of the Corporation, in such manner as the Board of Management may think fit and to vary and transfer any such investments from time to time; |
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| (c) to raise or borrow money for any purpose of the Corporation and to secure the discharge of any debt, or obligation of the Corporation in such manner it may think fit; |
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| (d) to solicit, raise and receive, subscriptions, grants, donations and gifts of all kinds, locally and from abroad, for the purposes of the Corporation ; |
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| (e) to construct, alter or maintain any buildings required for the purposes of the Corporation ; |
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| (f) to subscribe or guarantee money for any charitable purpose; |
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| (g) to undertake, accept, execute, perform and administer any lawful trusts and conditions affecting any real or personal property held, or owned, or to be held or owned, in trust for the Corporation or any other charitable association, institution, society or body and any other charitable trust; |
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| (h) to establish, organize and maintain, different branches and institutions for different activities, programmes and projects, sponsored and conducted by the Corporation for promoting the objects of the Corporation ; |
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| (i) to appoint, dismiss or terminate officers and servants of the Corporation, and to pay them such salaries, pensions, gratuities and allowances as may front time to time be determined by the Corporation; |
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| (j) to establish or contribute to any fund or scheme for the grant of gratuities, pensions, allowances or other benefits to officers or servants, past or present, of the Corporation or to the relatives or dependants of such officers and servants ; |
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| (k) to enter into any contract with any person, company, society or body of persons, whether corporate or unincorporate, any Government department or local authority for promoting the objects of the Corporation; |
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| (l) to do all other things not inconsistent with this Act or any other law as are necessary or expedient for the proper and effective carrying out of the objects of the Corporation. |
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Sri Lanka Consolidated Acts