Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsGeneral objects of the Corporation
| 4. Subject to the Provisions of this Act, and any other written law, the corporation shall have the power to do, perform and execute all such acts, matters and things as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or any one of them, including the power to open, operate and close bank accounts, to borrow or raise moneys with or without security to receive and obtain donations, to raise and collect funds, to invest its funds, to purchase land, to erect any building or structure on any land, acquired by the Corporation and to engage, employ officers and servants required for the carrying out of its objects and dismiss such officers and servants where necessary. |