10. Powers of the Corporation

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 raise funds and receive grants, gifts or donations in cash or kind ;

to acquire in manner whatsoever, hold and take or give on lease or hire, mortgage, pledge or sell or otherwise dispose of any property movable or immovable ;

to make, draw, accept, discount, endorse, negotiate, buy, sell and issue bills of exchange, cheques, promissory notes and other negotiable instruments ;

to open, operate and close bank accounts and borrow or raise money with or without security ;

to invest any funds not immediately required for the purposes of the Corporation in such manner as the

to erect or cause to be erected any structure or building on any land belonging to or held by the

to enter into contracts or agreements with any person or body of persons ; and

to appoint, employ, dismiss or terminate the services of officers and servants of the Corporation and pay them such salaries, allowances and gratuities as may be determined by the Corporation.