Sri Lanka Consolidated Acts

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Board Of Directors Of The Muslim Ladies Arabic College Kattankudy (Incorporation) Act (No. 2 of 2000) - Sect 7

Corporation may hold property movable or immovable

7. The Corporation shall be able and capable in law to acquire 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 in force for the time being of the Corporation, and it shall have full power to sell, mortgage, lease, exchange or otherwise dispose of the same.


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