Powers
14 Powers
The Authority has power to do all things necessary or convenient to be done in connection with the performance of its functions and, in particular, may:
enter into contracts; and
acquire, hold and dispose of real or personal property; and
occupy, use and control any land or building owned, or held under lease, by the Commonwealth and made available for the purposes of the Authority; and
engage persons to perform services for the Authority; and
provide assistance to bodies or persons to prepare submissions:
relating to the development or consideration of draft food regulatory measures or draft variations of food regulatory measures; or
relating to the performance of any other function of the Authority;
if the Authority determines that such assistance will advance the development or consideration of that draft or the performance of that other function; and
accept gifts, grants, bequests and advances made to the Authority (whether on trust or otherwise) and act as trustee of money or other property vested in the Authority on trust; and
form, or participate in the formation of, companies; and
subscribe for or purchase shares in, or debentures and other securities of, companies; and
participate in partnerships, trusts and unincorporated joint ventures; and
do anything incidental to any of its powers.
The powers of the Authority may be exercised within or outside Australia.
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