General powers of the Corporation
4. Subject to the provisions of this Act and any other written law, the Corporation shall have the power to do, perform, and execute all such acts, matters, and things whatsoever, as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or any one of them including the power to open, operate and close bank accounts, or raise money with or without security, to receive, collect, grants and donations from well-wishers in Sri Lanka and outside Sri Lanka and from the people of Japan in particular, to invest its funds, and to engage, employ and dismiss officers and servants as are required for carrying out the objects of the Corporation. |