Sri Lanka Consolidated Acts

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Mahanuwara Bauddha Vidya Peetaya (Incorporation) Act (No. 23 of 1999) - Sect 10

Corporation may hold property movable and immovable

10. The Corporation shall be able and capable in law to take and hold any property movable or immovable and which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition or otherwise, and alt such property shall be held by the Corporation for the purposes of this Act, and subject to the rules in force for the time being of the Corporation, with full power to mortgage, sell, lease, exchange or otherwise dispose of the same.


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