10, It shall be lawful for the Corporation-
| (a) to purchase, acquire, rent, construct and otherwise obtain, lands or buildings which may be required for the purposes of the Corporation and which may lawfully be acquired for those purposes, and to deal with, or dispose of, the same as may it deem expedient, with a view to promoting the objects of the Corporation ; |
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| (b) to invest any funds not immediately required for the purposes of the Corporation, in such manner as the Executive Committee may think fit and from time to time, to vary and transfer any such investments ; |
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| (c) to raise or borrow money, on any security or otherwise, for purposes of the Corporation and to secure or discharge, any debt or obligation of the Corporation, in such manner as may be thought fit; |
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| (d) to solicit, raise and receive, subscriptions, grants, donations and gifts of all kinds, locally and from abroad, for the purposes of the Corporation ; |
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| (e) to construct, alter or maintain, any buildings, required for the purposes of the Corporation ; |
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| (f) to subscribe or grant money for any charitable purpose; |
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| (g) to undertake, accept, execute, perform and administer, any lawful trusts and conditions affecting any real or personal property, held or owned, or to be held or owned, in trust, for the Corporation or any other charitable association, institution, society or body and any other charitable trusts; |
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| (h) to establish, organize and maintain, different branches and institutions for different and various activities, programmes and projects, sponsored and conducted, by the Corporation, with a view to promoting the objects of the Corporation; |
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| (i) to appoint, dismiss or terminate, the services of officers and servants of the Corporation, and to pay them such salaries, pensions, gratuities and allowances as may from time to time as determined by the Corporation; |
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| (j) to establish, or contribute to, any fund or scheme for the grant of gratuities, pensions, allowances or other benefits to officers or servants, past or present, of the Corporation, or to the relatives or dependants of such officers or servants ; |
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| (k) to enter into any contract with any person, company, society or body of persons, whether corporate or unincorporate, or Local Authority, for promoting the objects of the Corporation ; and |
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| (l) subject to the provisions of any other written law, to do all other things necessary or expedient for the proper and effective carrying out of the objects of the Corporation. |
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Sri Lanka Consolidated Acts