| (2) Without prejudice to the generality of the powers conferred by subsection (1), the Bureau shall have power -
|
| (a) to invest such amount of money belonging to the Bureau as are not immediately required for the purpose of this Act in such shares, securities or deposits as the Board may consider fit and to sell such shares and securities ; | | |
|
| (b) to acquire in any manner whatsoever and hold. take or give on lease or hire, mortgage. pledge, sell Of otherwise dispose of, any movable or immovable property ; | | |
|
| (c) to enter into and perform, either directly or indirectly through any officer or agent of the Bureau, all such contracts or agreements as may be necessary, for the exercise of the powers of the Bureau and the carrying out of the objects of the Bureau; | | |
|
| (d) to borrow money from any source whatsoever for the purposes of the Bureau, in such manner and upon such security as the Bureau may, with the approval of the Minister, given with the concurrence of the. Minister in charge of the subject of Finance determine ; | | |
|
| (e) appoint, terminate the employment of, remunerate and control, its officers, servants, and representatives and to direct and decide all matters connected with the administration of its affairs; | | |
|
| (f) to make rules in respect of the administration of the affairs of the Bureau ; | | |
|
| (g) to formulate schemes to give effect to the objects of the Bureau; | | |
|
| (h) lay down procedures for the receipt and distribution of requests from employers outside Sri Lanka for services of Sri Lankans, among licensees; | | |
|
| (i) to invest such moneys as are remitted to the Bureau by Sri Lankans employed abroad, in investments of their choice. | | |
|
Sri Lanka Consolidated Acts