29.
| (1) The general supervision, direction and control of the affairs and business of, the Institution shall vest in the Board. |
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| (2) Without prejudice to the generality of the powers conferred on the Institution by this Part of this Act, the Institution shall have the special powers specified in the Incorporation Order. |
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| (3) The Board shall have the power to do any thing necessary for, or conducive to, the carrying cut of the objects set out in the Incorporation Order and for this purpose may
| | (a) acquire, hold, take on hire or lease, any movable or immovable property and give on hire or lease or sell or otherwise dispose of, any such properly ; | | |
| | (b) accept grants, gifts or donations, whether in cash or in kind; | | |
| | (c) borrow money for carrying out its objects and secure the payment of any sum of money by the mortgage of any of its properties ; | | |
| | (d) appoint such officers, servants and agents as are necessary for carrying out its objects and discharging its functions; | | |
| | (e) enter into and perform all such contracts as may be necessary for the discharge of the functions or the performance of its duties ; | | |
| | (f) make rules in respect of the administration of the affairs of the Institution; | | |
| | (g) do all such other acts as are incidental to, or are consequential upon or connected with, the exercise, performance or discharge of its powers, duties and functions. | | |
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Sri Lanka Consolidated Acts