Sri Lanka Consolidated Acts

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Maitreya Buddha Dharmadutha Foundation Act (No. 39 of 1999) - Sect 11

Corporation may hold property movable or immovable

11. 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 purchases, grants, gifts, testementary 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 shall have full power to sell, mortgage, lease, exchange or otherwise dispose of the same.


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