10. It shall be lawful for the Corporation to"
| (a) Purchase, acquire, rent, construct and otherwise obtain, lands and buildings which may be required for the purpose of the Corporation; |
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| (b) invest any funds not immediately required for the purpose of the Corporation in such manner as the Council of the Corporation may think fit and from time to time vary and transfer any such investments; |
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| (c) raise or borrow money for the purpose of the Corporation on any security or otherwise and to secure or discharge any debt or obligation of the Corporation in such manner as may be thought fit by the Council of the Corporation; |
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| (d) solicit, raise or receive subscriptions, grants, donations and gifts of all kinds for the purposes of the Corporation; |
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| (e) establish, and maintain, a library of books, journals, pamphlets, manuscripts and documents on subjects relating to the objects of the Corporation; |
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| (f) establish, and maintain, funds for specific purposes; |
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| (g) appoint, dismiss, or terminate the services of, officers and servants of the Corporation, and pay them such salaries, allowances, bonuses and gratuities as may from time to time be determined by the Council of the Corporation. |
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| (h) establish or contribute to, any fund or scheme for the grant of gratuities, pensions, allowances or other benefits to officers or servants, past and present, of the Corporation, or to the dependants of such officers and servants; |
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| (i) enter into any contract with any person, or body of persons, whether corporate or unincorporate, or any Government department or local authority, for promoting the objects of the Corporation; and |
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| (j) 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