Sri Lanka Consolidated Acts

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Panadura Welipitiya Abhaya Karunaratne Mudalinda-ramastha Sri Chandamuni Dharmayathana Sanwardhana Sabhawa (Incorporation) Act (No. 37 of 1992) - Sect 8

Corporation may hold property movable and immovable

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

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