Sri Lanka Consolidated Acts

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Institute Of Corporation Lawyers Law (No. 33 of 1978) - Sect 4

Powers of the Institute

4. For the purpose of carrying out its objects, the Institute shall have the following powers: -
(a) to charge fees, in accordance with the provisions of this Law, for services rendered or provided by the Institute;
(b) to enter into and perform, either directly or through any officer or agent authorized in that behalf, all such contracts or agreements as may be necessary;
(c) to train or provide for the training of members of the legal staff of the Institute In specialized fields of law and ancillary subjects on such terms and conditions as may be prescribed;
(d) to acquire, hold, take or give on lease or hire, mortgage, pledge or sell or otherwise dispose of, any movable or immovable property;
(e) to employ such officers and servants as may be necessary;
(f) to engage the services of attorneys-at-law for or In connection with any matter or proceeding;
(g) to make rules In respect of the administration of the affairs of the Institute; and
(h) to do all other things which are necessary for or conducive or Incidental to the carrying on of Its objects.


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