4. Powers of the Corporation

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

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

(a)

to establish and maintain a library and the collection of maps, models, drawings, designs and other materials and to improve the same;

(b)

to acquire, hold, take or give on lease or hire, mortgage, pledge, sell, exchange, or otherwise alienate, encumber or dispose of any immovable property for the purpose of the Corporation ;

(c)

to publish journals, monographs, books and periodicals for disseminating information on

Quantity Surveying ;

(d)

to collaborate with, assist, receive assistance from, and develop links with, other persons, agencies and organizations in Sri Lanka or abroad, having objects similar to those of the Corporation ;

(e)

to accept any gift, endowment or bequest and to carry out any trusts attached to any such gift, endowment or bequest ;

(f)

to appoint, employ, transfer, exercise disciplinary control over and dismiss, officers and servants required for the carrying out of the objects of the

Corporation and to prescribe their terms and conditions of services ;

(g)

to borrow any moneys required for the purposes of the Corporation upon such terms and on such securities as the Corporation may think fit ;

(h)

to invest its funds, create and administer trusts and to maintain current, deposit and savings accounts in any Bank ; and

(i)

to do all such lawful things as are incidental or conducive to the attainment of the objects of the

Corporation.

Read on from s 5