| (1) The Corporation may exercise all or any of the following powers: -
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| (a) to acquire, hold, take or give on lease or hire, mortgage, pledge and sell or otherwise dispose of any immovable or movable property; | | |
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| (b) to employ such officers and servants as may be necessary for carrying out the work of the Corporation; | | |
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| (c) to do anything for the purpose of advancing the skill of persons employed by the Corporation or the efficiency of the equipment of the Corporation or the manner in which that equipment is operated, including the provision by the Corporation, and the assistance of the provision by others, of facilities for training persons required to carry out the work of the Corporation; | | |
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| (d) to establish a provident fund, and provide welfare and recreational facilities, houses, hostels and other like accommodation for persons employed by the Corporation; | | |
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| (e) to construct, manufacture, purchase, maintain and repair anything required for the purpose of the business of the Corporation; | | |
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| (f) to delegate to any officer of the Corporation any such function of the Corporation as the Corporation may consider necessary so to delegate for the efficient transaction of business; | | |
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| (g) to enter into and perform, directly or through any officer or agent authorized in that behalf by the Corporation, all such contracts as may be necessary for the performance of the duties and the exercise of the powers of the Corporation; | | |
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| (h) to make rules in relation to its officers and servants, including their appointment, promotion, remuneration, disciplinary control, conduct and the grant of leave to them; | | |
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| (i) to make rules in respect of the administration of the affairs of the Corporation; and | | |
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| (j) to do all other things which, in the opinion of the Corporation, are necessary to facilitate the proper carrying on of its business. | | |
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Sri Lanka Consolidated Acts