Sri Lanka Consolidated Acts

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Bandaranaike Museum Committee (Incorporation) Act (No. 28 of 1997) - Sect 5

The Corporation may hold property movable or immovable

5. The Corporation shall be capable in law to take and hold any property, movable or 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 for the time being of the Corporation, with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.


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