9. Corporation may hold and dispose of property movable and immovable

The Corporation shall, subject to the rules in force for the time being of the Corporation, be able and capable in law to acquire and hold any property, movable or: immovable, which may become vested in it by virtue ofany 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 mortgage, sell, lease, exchange or otherwise dispose of the same.