As enactedVersion · As enacted
9. rv Borrowing powers
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
It shall be lawful for the Corporation to raise funds for the accomplishment of its objects and for such purpose, to create, execute, or incur any mortgages, bonds or obligations :
Provided that the aggregate of the amounts which may be so raised by the Corporation shall not exceed the sum determined by the Board of Trustees.