4. Powers of the Corporation

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The Corporation shall, subject to the provisions of this Act and any other written law, have the power—

(a)

to appoint, remunerate, dismiss and exercise disciplinary control over the officers and servants as may be necessary for the purposes of the

Corporation ;

(b)

to receive or collect any aid, grant or gift in cash or in kind from any person, or body of persons, corporate or otherwise for the carrying out of the objects of the Corporation ;

(c)

to establish branch organizations of the Corporation in foreign countries for the purpose of achieving all or any of the objects of the Corporation ;

(d)

to borrow or raise money, for the furtherance of the objects of the corporation, and to execute any mortgage or bond to secure the payment of the money so borrowed or raised; and

(e)

to enter into or perform, either directly or through its officers or servants or agents authorized in that behalf of the Corporation, all such contracts and agreements as may be necessary for carrying out of the objects of the Corporation.

Read on from s 5