Sri Lanka Consolidated Acts

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Palaka Sabhawa Of Beruwala Malewana Sri Gnanissara Ayurvedic Medical College (Incorporation) Act (No. 15 of 1999) - Sect 7

Corporation may hold property movable or immovable

7. 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 any purchase, grant, gift, lease or testamentary disposition, or otherwise for the purpose of this Act and subject to the rules in force for the time being of the Corporation with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.


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