4. General 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 purchase, acquire, rent, construct and otherwise obtain lands or buildings which may be required for the purposes of the Corporation :

(b)

to borrow or raise money for the purpose of the

Corporation ;

(c)

to make, draw, accepts, discount, endorse, negotiate, buy, sell and issue bills of exchange, cheques, promissory notes and other negotiable instruments and to open, operate, maintain and close bank accounts ;

(d)

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

Committee may think fit ;

Maligawatta Janaza and Welfare Society

(e)

to solicit and receive subscriptions, grants, donations and gifts of all kinds ;

(f)

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

(g)

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

(h)

to appoint sub-committees to carry out the objects of the Corporation ; and

(i)

to do all such other acts and things as are necessary or expedient for the carrying out of the objects of the Corporation.

Read on from s 5