| (1) The Board may exercise all or any of the following powers: -
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| (a) to acquire, hold, take on lease or hire, mortgage sell or otherwise dispose of any movable or immovable property; | | |
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| (b) to exercise the exclusive right of purchase, sale, supply, distribution, hulling, milling or processing of paddy and rice; | | |
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| (c) to enter into joint schemes with any Government Department or any body approved by the Minister for the purchase, sale, supply, distribution, transport, hulling, milling or processing of paddy and rice; | | |
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| (d) to grant loans and advances to authorized purchasers and agents; | | |
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| (e) to import plant, machinery and equipment required for the business of the Board; | | |
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| (f) to instal, operate and establish plant, machinery and equipment for hulling, milling or processing of paddy and rice; | | |
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| (g) to establish and maintain purchasing stations and storage facilities for paddy and rice; | | |
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| (h) to maintain shops for the display, sale, supply and distribution of rice and paddy and by-products; | | |
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| (i) to enter and inspect any stores or other premises of an authorized purchaser, or licensee or any place where a person is carrying on the business of hulling, milling or processing of paddy or rice and any stores of such person maintained for the purpose of business; | | |
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| (j) to fix a guaranteed price for any variety of paddy or any grade of any variety of paddy; | | |
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| (k) to carry out investigations and record data concerning production, sale, supply, storage, purchase, distribution, hulling, milling or processing of paddy and rice; | | |
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| (l) to conduct, assist and encourage research into all aspects of the rice processing industry, and use of by-products; | | |
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| (m) to make charges for any service rendered by the Board in carrying on its business; | | |
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| (n) to enter into and perform, either directly or through any officer or agent authorized in that behalf, all such contracts as may be necessary for the performance of its duties and the exercise of its powers; | | |
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| (o) to do anything for the purpose of advancing the skill of persons employed by the Board or the efficiency of the equipment of the Board, or the manner in which that equipment is operated including the provisions by the Board and the assistance of the provision by others of facilities for training persons required to carry out the work of the Board; | | |
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| (p) to establish a provident fund and provide welfare and recreational facilities, houses, hostels and other like accommodation for persons employed by the Board; | | |
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| (q) to delegate to any member or officer of the Board or to any public officer such functions as the Board may consider necessary so to delegate for the efficient transaction of its business; | | |
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| (r) to make rules in relation to its officers and servants including the appointment, promotion, remuneration, disciplinary control, conduct and grant of leave; | | |
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| (s) to make rules in respect of the administration of the affairs of the Board; | | |
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| (t) to do all other things which in the opinion of the Board are necessary to facilitate the proper carrying on of its business. | | |
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Sri Lanka Consolidated Acts