11. The Council shall have and may exercise all or any of the following powers:.,
| (a) to acquire in any manner whatsoever and hold any property, movable or immovable, and to sell, lease, mortgage, exchange or otherwise dispose of the same; |
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| (b) to open, operate and close any current, savings or deposit accounts,. in any bank or banks; |
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| (c) to enter into all such contracts as may be necessary for the' exercise, performance or discharge of its powers, duties or functions; |
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| (d) to invest its funds in such securities as it may determine; |
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| (e) to appoint, employ, remunerate, and exercise disciplinary control over, its officers and servants; |
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| (f) to make rules in respect of the administration of the affairs of the Council; |
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| (g) to delegate to any member, the Secretary or officer or servant of the Council, such functions as the Council may consider necessary for the efficient transaction of its business; and |
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| (h) to make rules as to. the conduct of the meetings of the Councilor of any of its committees on matters not. specifically provide for in this Act. |
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Sri Lanka Consolidated Acts