Sri Lanka Consolidated Acts

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Sri Lanka Working Journalist Association (Incorporation) Act (No. 46 of 1987) - Sect 10

Corporation may hold property movable and immovable

10. The Corporation shall be able and capable in law to acquire and hold any property, movable or Immovable, which may become vested in it by virtue of any purchase, grant, gift, 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 "in force for the time being of the Corporation, with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.


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