Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsGeneral powers of the Corporation
| 4. Subject to the provisions of this Act and any written law, the Corporation shall have the power to do, perform and execute all such acts, matters and things whatsoever as are necessary, desirable or expedient for the' promotion or furtherance of the objects of the Corporation, or anyone of them including the power to open, operate and close bank accounts, to borrow or raise moneys, with or without security, and to engage, employ and dismiss personnel required for the carrying out of the objects of the Corporation. |