Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsCorporation may hold properly movable and immovable
| 11. The Corporation shall be able and capable in law to acquire and hold any property movable or immovable, upon on by virtue of any instrument of purchase, grant, gift or lease, or upon or by virtue of any 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 for the time being of the Corporation, or other wise for the purposes of and upon the trust, in and subject to the conditions in the relative instrument of disposition with full power subject to the provisions of any written law relating to trusts and of the relative instrument of disposition to sell, mortgage, lease, exchange or otherwise dispose of encumber or charge the same. |