Sri Lanka Consolidated Acts

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The Board Of Management Of The Muslim Ladies Arabic College Managing Society, Kal-eliya (Incorporation) Act (No. 46 of 1991) - Sect 5

The Board may hold movable and immovable property

5. The Board may acquire and hold, any movable or immovable property, by purchase, grant, gift, testamentary disposition or otherwise, and subject to the rules for the time being, of the Board, may sell, mortgage, lease, exchange or otherwise dispose of, any movable or immovable property of the Board.

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