Sri Lanka Consolidated Acts

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University Of Ceylon Act (No. 1 of 1972) - Sect 2

Incorporation and general powers of the University of Ceylon

2.
(1) There shall be established in accordance with the provisions of this Act, a University (in this Act referred to as "the University ") with the name and style of the University of Ceylon by which name, the Chancellor, the Pro-Chancellor, the Vice-Chancellor and members for the time being of the Board of Governors and the Senate duly nominated, appointed or elected by or in accordance with the provisions of this Act, shall be deemed to have been constituted a body corporate with perpetual succession and with full power and authority by and in such name-
(a) to sue and be sued in all courts;
(b) to have and use a common seal and to alter the same at its pleasure;
(c) to purchase or acquire any property movable or immovable and to take, accept and hold any such property which may become vested in it by virtue of any such purchase, or by any grant, or donation, lease, testamentary disposition or otherwise;
(d) to sell, hypothecate, lease, exchange, or otherwise dispose of any such property:
(e) to exercise, discharge and perform all such powers, duties and functions as may be conferred or imposed on the University by this Act or any appropriate Instrument.
(2) The powers conferred on the University by the preceding provisions of this section shall, unless otherwise expressly provided by this Act or any appropriate Instrument, be exercised by the Board of Governors.
(3) The University may acquire immovable property for the purposes of the University without indicating the specific purpose for which the immovable property is to be applied.
(4)
(a) Any immovable property required for the purposes of the University shall be deemed to be required for a public purpose and may accordingly be acquired under the Land Acquisition Act and be transferred to the University.
(b) Any sum payable for the acquisition of any immovable property under the Land Acquisition Act for the University shall be paid by the University.

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