Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsPower of Corporation to hold property
| 9. The Corporation shall be able and capable in law to take and hold either as beneficial owner or trustee or otherwise any property, movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, lease, 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 for the time being of the Corporation, , with full power (subject always to the provisions of 'any written law relating to trusts and of the relative instrument of disposition) to sell, mortgage, lease exchange or otherwise dispose of the same. |