6.
| (1) The Board shall, in the name of the Trust, have the power to do ail things as are necessary for, or conducive or incidental to, the carrying out of the objects of the Trust. |
|
| (2) Without prejudice to the generally of the powers conferred by subsection (1), the Board may exercise and discharge the following powers and functions -
| | (a) to raise funds or receive grants, gifts or donations in cash or kind, whether from. local or foreign sources; | | |
| | (b) to acquire, hold, take or give on lease or mortgage, pledge, sell or otherwise dispose of, any movable or immovable property; | | |
| | (c) to enter into or perform, either directly or through officers and servants or agents authorised in writing that behalf by the Board, all such contracts and agreements as may be necessary for the exercise, discharge and performance of the powers, functions and duties, and in carrying out the objects of the Trust; | | |
| | (d) to appoint, employ and remunerate officers and servants of the Trust and to make rules regarding the appointment promotion remuneration and disciplinary control of the employees and the grant of leave and other benefits to them. | | |
| | (e) to invest funds belonging to the Trust in any such investments as are authorized by law for the investment of trust money and to recall, reinvest and very such investment and to collect income accruing from such investments; | | |
| | (f) to make rules in relation to all matters connected with the working of the Trust. | | |
| | (g) to do such other acts and things as the board may consider necessary or conducive for the arraignment of the object of the Trust. | | |
|
|
|
Sri Lanka Consolidated Acts