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11. Corporation may hold and dispose properties

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

The Corporation may take and hold any movable or immovable property by right of purchase, grant, gift, testamentary disposition or otherwise, and subject to the rules of the Corporation may sell, mortgage, lease, exchange or otherwise dispose of the same. All properties belong to the

Centre on the date of commencement shall be properties of the Corporation.