6. 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 whatsoever, as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or any one of them, including the power
| (a) to purchase, acquire, rent, construct or otherwise obtain, lands or buildings which may be required for the purposes of the Corporation ; |
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| (b) to raise funds and receive grants, gifts or donations, in cash or kind ; |
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| (c) to erect or cause to be erected, any building or structure on any land belonging to, or held by, the Corporation; |
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| (d) to make, draw, accept, discount, endorse, negotiate, buy, sell and issue bills of exchange, cheques, promissory notes and other negotiable instruments and to open, operate, maintain and close current, savings and deposit accounts in any bank ; |
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| (e) to invest any funds not immediately required for the purposes of the Corporation in such manner as the Board may think fit; |
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| (f) to undertake, accept, execute, perform and administer any lawful trusts and conditions affecting any movable or immovable property ; |
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| (g) to appoint, employ, dismiss or terminate the services of, officers and servants of the Corporation, and to pay them such salaries, allowances and gratuities as may be determined by the Corporation ; and |
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| (h) to train personnel in Sri Lanka for the purposes of the Corporation . |
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Sri Lanka Consolidated Acts