Sri Lanka Consolidated Acts

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Ryoichi Sasakawa Cultural, Health Services And Educational Services Foundation (Incorporation) Act (No. 8 of 1992) - Sect 4

Powers of the Corporation

4. Subject to the provisions of this Act and any other written law, the Corporation shall, have the power"
(a) to appoint, remunerate and exercise disciplinary control over, such officers and servants as may be necessary for the purpose of the Corporation;
(b) to receive or collect any aid, grant or gift from any person, or body of persons corporate or otherwise, or from any Government;
(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 ;
(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 the exercise, discharge and performance of the powers, functions and duties of the Corporation, or for carrying on the affairs or for furthering the objects of the Corporation;
(f) subject to the provisions of this Act and any other written law to do all such acts or things as may be necessary, and for the attainment of the objects set out in section 3.


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