8. Corporation may hold and dispose property movable or immovable

The Corporation shall, subject to the rules in force for the time being of the Corporation, be able and capable in law to take over, acquire and hold property both movable and 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.