Amendment status not verified — confirm the current text below against the official source.
Subject to the provisions of this Act, the Corporation shall power— (a) to acquire or hold such property, both movable and immovable, as the Corporation may deem nececessary for the purpose of any of its functions and to lease, sell or otherwise transfer any property held by it; (b) to purchase by agreement or to take on lease or under any form of tenancy any land and to erect thereon such buildings as may be necessary for the purpose of carrying on its undertakings; (c) to enter into, or to perform, such contracts as may be necessary for the discharge of its functions and the exercise of its powers under this Act; (d) to provide facilities for the consignment, storage and delivery of goods; (e) to provide such stipends to the newly enrolled advocates for a period of one year or more as the State Government may by order determine; (f) to provide housing facilities both rental and ownership basis to the advocates as per demand; (g) to provide insurance coverage to all practising advocates who are below 60 years of age; (h) to provide any other beneficial scheme like medical insurance, higher study loans, marriage loans, car purchase loans, etc.; (i) to do with the prior approval of the State Government, all other things to facilitate the proper carrying on of the business and the functions of the Corporation. Conferment of powers on Managing Director. Authentication. Functions of the Corporation. Power of the Corporation. PART III] THE KOLKATA GAZE I b, EXTRAORDINARY, APRIL 25, 2012 5 The West Bengal Advocates Welfare Corporation Act, 2012. (Sections 16-23.) Acquisition of land.