Section 9

The Corporation may hold movable or immovable property

The Corporation shall be able and capable in law to acquire and 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 purpose of the Corporation and subject to the rules made under section 6, shall have full power to mortgage, sell, lease, exchange or otherwise dispose of the same.

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T. B. Ekanayake Foundation

(Incorporation) Act, No. 14 of 2012