Sri Lanka Consolidated Acts

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Suwasetha Social Service Association (Incorporation) Act (No. 58 of 2000) - Sect 13

Corporation may hold property movable and immovable

13. 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 ail such property shall be held by the Corporation for the purposes of this Act, and subject to the rules inforce for the time being of the Corporation, and it shall have full power to sell, mortgage, lease, exchange or otherwise dispose of, the same.


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