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, whatsoever as are necessary or desirable for the promotion and 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, in Sri Lanka or abroad to invest its funds, and to engage, employ and dismiss officers and servants for the purpose of carrying out of the objects of the Corporation. |