Charles Darwin University Act 2003

(1) The University has power to perform its functions and to exercise its powers including to do any thing that is necessary or convenient to be done in connection with or incidental to its functions and powers.

(2) The University may establish institutes, faculties, schools, departments and organisations that it considers will best allow it to perform its functions.

(3) Without limiting subsections (1) and (2), the University may do any of the following:

(b) create, develop, apply for, obtain and hold intellectual and industrial property and rights and enter into agreements or arrangements for their commercial exploitation on terms as to royalties, lump sum payments or otherwise that the Council thinks fit;

(c) purchase, take on lease or otherwise acquire real or personal property and to sell, grant a lease or otherwise dispose of real or personal property;

(e) occupy, use and control land or buildings owned or held under lease and made available for the purposes of the University;

(f) accept gifts, grants, bequests, devises and assignments made to the University (whether on trust or otherwise) and act as trustee of moneys or other property vested in the University on trust;

(g) enter into arrangements with other universities or with institutions of higher, technical or further education (whether in or outside Australia) or with any of the States that administer education services to establish in the University courses of lectures or studies for degrees, diplomas, trade certificates or otherwise;

(h) establish, manage and control halls of residence and other forms of student accommodation and to establish, manage and control other accommodation that the Council thinks fit.