11.
| (1) the Executive Committee shall, in the name of the Fund but subject to the direction and control of the General Council have the power to do all things necessary for, or conducive or incidental to, the carrying out of the object of the Fund. |
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| (2) Without prejudice to the generality of the powers conferred by subsection (1) the Executive Committee shall have the following powers :-
| | (a) to acquire, hold, take or give on lease or hire, mortgage, pledge and sell or otherwise dispose of, any movable or immovable property; | | |
| | (b) to open and maintain current, savings or deposit accounts in any bank or banks ; | | |
| | (c) to employ such officers and servants as may be necessary for the purpose of administering and managing the fund: | | |
| | (d) to enter into all such agreements as may be necessary for the purpose of carrying out the object of the Fund ; and | | |
| | (e) to do all such other acts and things as are incidental or conducive to the carrying out the object of the Fund . | | |
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Sri Lanka Consolidated Acts