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11. Corporation may hold property movable or immovable

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

The Corporation shall be capable inlaw to hold any property movable or immovable, which may become vested in it by virtue of any purchase, grant. gift,:testamentary

‘disposition or otherwise, and all such, property shall be held by the Corporation .for the: purposes: of this. act, with full power to sell. mortgage, rent, lease, exchange or otherwise dispose of the same.

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