Sri Lanka Consolidated Acts

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Institute of Town planners, Sri lanka (Incorporation) Act (No. 23 of 1986) - Sect 6

General Power of corporation

6. Subject to the provisions of this Act and any other written law, the Corporation shall have the power to-
(a) acquire, hold, take or give on lease or hire, mortgage, pledge, sell and exchange, or otherwise dispose of, any immovable or movable property for the purposes of the Corporation;
(b) enter into and perform or carry out, whether directly or through any officer or agent authorized in that behalf by the corporation, all such contracts or agreements as may be necessary for the attainment of the objects or the exercise of the powers of the Corporation;
(c) invest its funds, and to maintain current, deposit and savings accounts in any banks approved by the Council of the Corporation;
(d) advance or lend, and to borrow money for the purposes of the Corporation, in such manner and upon such security as the Corporation may think fit;
(e) prescribe fees, in respect of membership, admission to membership, and admission to courses and examinations conducted by the Corporation;
(f) prescribe with the concurrence of the Minister in charge of the subject of Local Government, the terms and conditions for the admission of persons desiring to qualify as town planners.
(g) appoint, employ, transfer, dismiss and take other disciplinary action against officers and servants and to prescribe their terms and conditions of service; and
(h) generally, do all such acts and things as are necessary for, or incidental or conducive to the carrying out or the attainment of, the objects of the Corporation.


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