15. Powers of the Authority

The Authority shall have the power—

to acquire, hold, take or give on lease or hire, mortgage, pledge, sell or otherwise dispose of, any movable or immovable property ;

to borrow, with or without security, moneys, on such terms and conditions as may be approved by the

to accept gifts, grants or donations, whether in cash or otherwise, and to apply them for discharging its functions ;

to appoint such officers and servants as may be necessary for discharging the functions of the

to appoint sub-committees or to co-ordinate with units at provincial level, for the effective discharge of its functions ;

to determine the remuneration payable to the officers and servants so appointed ;

to establish a social security scheme, and provide welfare and recreational facilities for its officers and servants ;

to enter into and perform all such contracts whether in or outside Sri Lanka as may be necessary for the exercise of the powers and discharge of the functions of the Authority ;

to inquire and investigate into any matter in discharging of the functions of the Authority ;

to recommend adherence to such International

generally, to do all such other things as are necessary to facilitate the proper discharge of the functions of the Authority.