4. General powers of the Corporation

The Corporation shall, subject to the provisions of this

Act or any other written Law, have the following powers:—

to receive grants, gifts, donations and subscriptions in cash or kind from local sources ;

to perform and execute all such acts as may be necessary for the carrying out of the objects of the

to open, operate and close bank accounts ;

to invest, borrow or raise money with or without security ; and

to engage, employ and dismiss personnel required to carry out the objects of the Corporation.