10. Corporation may hold property movable and immovable

The Corporation shall be able and capable in law, to take 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 purposes of this Act, and subject to the rules in force for the time being of the

Corporation with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.

Katuwana Adults Care Centre Development 5

Foundation (Incorporation) Act, No. 29 of 2000