Sri Lanka Consolidated Acts

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Pelpola Vipass Foundation (Incorporation) Act (No. 16 of 1998) - Sect 4

Powers of the Corporation

4, The Corporation shall, subject to the provisions of this Act and any other written law, have the power"
(a) to appoint, remunerate and exercise disciplinary control over, such officers and servants as may be necessary for the purposes of the Corporation ;
(b) to receive or collect any aid, grant or gift in cash or in kind from any person, or body of persons, corporate or otherwise ;
(c) to establish branch organisations of the Corporation in foreign countries for the purpose of achieving all or any of the objects of the Corporation ;
(d) to borrow or raise money, for the furtherance of the objects of the Corporation, and to execute any mortgage or bond to secure the payment of the money so borrowed or raised ; and
(e) to enter into or perform, either directly or through its officers or servants or agents authorized in that behalf by the Corporation, all such contracts and agreements as may be necessary, for carrying on the objects of the Corporation.


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