Sri Lanka Consolidated Acts

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Sri Lanka Institute Of Strategic Studies Act (No. 45 of 2000) - Sect 5

Powers of the Institute

5. For the purpose of effectually discharging its' functions, the Institute shall have the power"
(a) to acquire and hold, any property movable or immovable, and to sell, lease, mortgage, exchange or otherwise dispose of the same :
(b) to open and maintain, current, savings or deposit accounts, in any bank or banks ;
(c) to enter into all such contracts as may be necessary for the discharge of its functions :
(d) to invest its funds in such securities as it may determine ;
(e) to erect, equip and maintain, libraries documentation centers and archives for research purposes ;
(f) to establish and maintain a Secretariat :
(g) to collect, print and publish, reports, periodicals and papers on subjects relevant to it's functions :
(h) to hold lectures, seminars and workshops on subjects relevant to it's functions ;
(i) to co-operate and collaborate with, institutions in Sri Lanka or abroad, discharging functions similar to those of the Institute ; and
(j) to do all such other things as are necessary, or incidental, to the discharge of Junctions of the Institute.


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