6. General powers of the Corporation

Subject to the provisions of this Act or any other written law, the Corporation shali have the power to do, perform and execute, all such acts, matters and things as are necessary or desirable for the promotion or furtherance of the objects of the Corporation or afiy one of them, including the power to open, operate and close bank accounts, to borrow or raise money with or without security, to receive or collect grants and donations, to invest its funds and to engage. employ ant dismiss, officers and servants required for the carrying out of the objects of the Corporation.

Malwathu Maha Vihariva Tibbatuwawe 5

Sri Siddhartha Sumangala Benevolent Foundation

(Incorporation) Act, No. 29 of 2008