4. Subject to the provisions of this Act, and any other written law, the Corporation shall have the power to-
| (a) acquire, hold or take any immovable property for the Corporation or give on lease or hire, mortgage, pledge, sell, exchange or otherwise alienate, encumber or dispose of any immovable property of the Corporation ; |
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| (b) enter into and perform or carry out whether directly or through any officer or agent authorized in that behalf by the Corporation, all such contracts or agreements as may be necessary for the attainment of the objects or the exercise of the powers of the Corporation ; |
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| (c) accept gifts, donations and bequests in cash or in kind ; |
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| (d) advance or lend and to borrow money for the purposes of the Corporation in such manner and upon such security as the Corporation may think fit ; |
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| (e) invest its funds, create and administer Trusts and to maintain current, deposit and savings accounts in any Bank ; |
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| (f) publish or cause to be published books, journals, magazines and other literature and establish and maintain libraries, book shops and printing presses ; |
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| (g) appoint, employ, transfer, exercise displinary control over officers and servants required for the carrying out of the objects of the Corporation and to prescribe their terms and conditions of service and dismiss such officers ; |
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| (h) generally do all such other acts and things as are necessary for and incidental or conducive to the carrying out of the objects of the Corporation. |
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Sri Lanka Consolidated Acts