4. General powers of the Corporation

Subject to the provisions of this Act and any other written law, the Corporation shall have the power to raise funds, to open, operate and close bank accounts, to borrow or raise moneys with or without security and to engage, employ and dismiss personnel required for the carrying out of the objects of the Corporation, to promote the objects or some among the objects or cease from furthering when necessary or suitable and the power for performing, fur-thering and executing all acts.