10. If 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 not immediately required for the purposes of the Corporation, in such manner as the Committee of Management may think fit from time to time and to vary and transfer any such investments ; |
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| (c) to secure the discharge of any debt, or obligation of the Corporation in such manner as it may think fit; |
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| (d) to 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 appoint, dismiss or terminate officers and servants of the Corporation, and to pay them such salaries, pensions, gratuities and allowances as may from time to time be determined by the Committee of Management; |
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| (g) 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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| (h) to enter into any contract with any person, company, society or body of persons, whether corporate or unincorporate, for promoting the objects of the Corporation ; |
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| (i) to give grants, endowments or scholarships for the purposes of the Corporation ; and |
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| (j) subject to the provisions of any other written law to do all other things necessary or expedient for the proper and effective carrying out of the objects of the Corporation. |
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Sri Lanka Consolidated Acts