General powers of Corporation
14 General powers of Corporation
(1) The Corporation may do anything necessary or convenient for the performance of its functions.
Without limiting subsection (1), the Corporation may:
with the Treasurer's approval:
borrow, lend, raise or invest money under section 29; and
(ii) form or participate in the formation of an incorporated body or partnership; and
(iii) grant guarantees or indemnities for, or otherwise assume responsibility for, the obligations of a person; and
engage persons to assist the Corporation; and
(c) consult with and enter into arrangements with other persons or bodies (including Agencies); and
grant registrations and issue permits and licences.
This Act’s bill:Explanatory statementSecond reading speech
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