Sri Lanka Consolidated Acts

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Panadura Public and Local Government Service Buddhist Association Act (No. 22 of 1970) - Sect 11

Corporation may hold property, movable and immovable

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


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