12. The Authority may exercise, perform and discharge all or any of the following powers, duties and functions :-
| (a) to act with the concurrence of the Minister, as an agent of the government for the transaction of business connected with the tourism or travel industry; |
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| (b) to engage in, assist in or promote the improvement of facilities being provided for tourists to Sri Lanka and to develop Sri Lanka as a tourist destination; |
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| (c) to establish, maintain and operate services connected with the tourism industry and to coordinate the activities of the persons providing such services for tourists; |
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| (d) to prescribe, regulate, maintain and enforce the standards to be maintained by the different enterprises of the tourism and travel industry; |
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| (e) to license the different enterprises, on criteria to be determined by the Authority and to prescribe the terms and conditions applicable to the same; |
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| (f) to acquire, hold, take on lease, hire, pledge or otherwise dispose of any movable or immovable property: provided however, immovable property may be disposed of only with the prior written consent of the Minister; |
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| (g) to engage consultants both local and foreign, whenever the need to do so arises for the efficient discharge of its functions; |
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| (h) to liase with the Provincial authorities whenever the need to do so arises on any matter relating to the tourism industry; |
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| (i) to promote and assist in the development of support industries and services; |
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| (j) to establish companies or other bodies in order to facilitate the achievement of the objectives of the Act; |
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| (k) to make rules in respect of matters specified in the Act; |
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| (l) to carry on the business of providing transport facilities to persons visiting tourist attractions in Sri Lanka; |
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| (m) with the approval of the Cabinet of Ministers-
| | (i) to formulate and prepare a four year plan, and other relevant plans and programmes for the development of tourism within and outside Sri Lanka in keeping with its objectives; | | |
| | (ii) to invest the money of the Authority in any business within or outside Sri Lanka, which will promote or be conducive to the promotion of, the tourism industry in Sri Lanka; | | |
| | (iii) to enter into any joint venture with any person or form a company, whether in Sri Lanka or outside, in order to discharge all or any of the functions of the Authority; | | |
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| (n) with the approval of the Minister-
| | (i) to manage, control or supervise tourism enterprises, within or outside Sri Lanka, by appointing Directors or advisors, or by entering into collaboration with other persons; | | |
| | (ii) to borrow money, whether by way of overdraft, loan or otherwise for the purposes of the Authority; | | |
| | (iii) to provide financial assistance by way of grant, loan or otherwise, subject to such terms and conditions as may be determined by the Authority, to persons intending to engage in tourist or travel services; | | |
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| (o) to levy fees or other charges for services, facilities or equipment provided by the Authority; |
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| (p) to exercise, perform and discharge all such powers, duties and functions as are by or under this Act vested in or assigned or delegated to the Authority; and |
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| (q) to do all such other acts and things as may be necessary or conducive to the exercise, performance and discharge of its powers, duties and functions under this Act. |
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Sri Lanka Consolidated Acts