Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsGeneral powers of the Corporation
| 5. 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 to 'open, 'operate and close bank accounts, to borrow 'or raise moneys with 'or without security, to receive or collect grants and donations and to engage, employ and dismiss personnel required. for the carrying out 'of the 'objects 'of the Corporation. |