Sri Lanka Consolidated Acts

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Palaka Sabhawa Of The Sandagirigala Aranya Senasanaya (Incorporation) Act (No. 39 of 1992) - Sect 5

Corporation may hold property movable and immovable

5. The Corporation shall be able and capable in law to acquire 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 of the Corporation and it shall have power to sell, mortgage, lease, exchange or otherwise dispose of the same.


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