Sri Lanka Consolidated Acts

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Hindu Cultural Fund Act (No. 31 of 1985) - Sect 6

Powers, duties and functions of the Board

6.
(1) The Board shall, in the name of the Fund, have, subject to the provisions of this Act and any other law, the power to do all such acts as are necessary for, or conducive or incidental to, the carrying out of the objects of the Fund.
(2) Without prejudice to the generality of the powers conferred by subsection (1), the Board may exercise and discharge the following powers and functions:
(a) to raise funds or receive grants, gifts or donations in cash or kind, whether from local or foreign sources ;
(b) to take or hold any property, movable or immovable, which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition or otherwise, and subject to the rules of the Fund, sell, grant, convey. devise, assign, exchange, mortgage, pledge or otherwise dispose of the same;
(c) to promote arrange, organize and hold exhibitions, lectures, seminars, workshops, classes, debates, conferences, tours, excursions or any other function for the advancement of the Hindu religion and culture;
(d) to hold religious and cultural competitions and to award prizes, certificates and other forms of recognition to any Hindu Association, any member thereof or any other person who takes part in any such competition;
(e) to enter into or perform either directly or through officers and servants or agents authorized in writing in that behalf by the Board, all such contracts and agreements as may be necessary for the exercise, discharge and performance of its powers. functions and duties, and for carrying out the objects of the Fund;
(f) to invest moneys belonging to the Fund in such manner as may from time to time be determined by the Board;
(g) subject to the provisions of this Act, to appoint, employ and remunerate officers and servants of the Fund and to make rules regarding the appointment, promotion, remuneration and disciplinary control of its employees and the grant of leave and other benefits to them;
(h) to make rules in relation to matters connected with the working of the Fund and to do such other acts and things as the Board may consider necessary or conducive for the attainment of the objects of the Fund.


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