6. Powers and functions of the Corporation
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Subject to the provisions of this Act, and any other written law, the Corporation shall, have the power
' to do all things necessary or desirable for the promotion or furtherance of the objects of the Corporation.
Without prejudice to the generality of the powers conferred by subsection (1), the Corporation shall have the following powers and functions :—
to receive or collect gifts, grants, donations, subsidies and subscriptions, whether in cash or otherwise, from local or foreign sources
;
Avg
to acquire in any manner whatsoever, and to hold, take or give on lease or hire, mortgage, pledge, sell or otherwise dispose of, any movable or immovable property ;
.
to open, operate and close bank accounts, and to borrow or raise moneys, with or without security;
to invest the funds vested in, or belonging to, the
Corporation in adequate securities or in the purchase or acquisition of such lands, buildings, goods, chattels, or other property as may be proper or necessary for attaining the objects of the Cor-poration ;
(e} to erect or cause to be erected, any building or structure on any land belonging to, or held by, the Corporation‘;
. to choose a Board of Supporters to advise the
Corporation in the attainment of its objects and to give financial assistance to the Corporation
; and os
. (g)' to appoint a Board of Admission consisting’ of four members from the Committee of Management to manage the affairs of the Madharasa, and to appo-IS: aE oe int a member of the said Board of Admission as
Manager of the Madharasa.
to appoint, dismiss and exercise disciplinary con~-
duct over, such officers and servants as may be necessary for the attainment of its objects.