Powers of DKA
7 Powers of DKA
Subject to this or any other Act or an instrument of a legislative or administrative character made under this or any other
Act, DKA has power to do all things that are necessary or convenient to be done for or in connection with or incidental to the performance of its functions.
In particular, DKA has power to:
negotiate and enter into contracts, agreements, schemes and arrangements;
purchase, lease or otherwise acquire and hold real or personal property and, with the approval of the Treasurer, sell, grant leases of or otherwise dispose of real or personal property;
erect buildings;
occupy, use, control and manage land or a building owned or leased by DKA;
seek, apply for and accept gifts, grants, bequests, devises and assignments made to DKA, whether on trust or otherwise, and act as trustee of money and other property vested in it on trust;
enter into arrangements with other persons or organisations, whether from Australia or another country, or with the Commonwealth or a State or Territory of the Commonwealth, for the development of
DKA;
create, develop, apply for, obtain and hold intellectual property and enter into agreements or arrangements of a commercial nature in respect of intellectual property on the terms, including terms as to royalties and lump sum payments, that the Board considers appropriate;
with the approval of the Treasurer, borrow and invest money;
with the approval of the Treasurer, grant loans to persons carrying on activities related to the operations of DKA on the terms the Board considers appropriate;
with the approval of the Treasurer, form or establish or participate in the formation or establishment of bodies corporate;
with the approval of the Treasurer, form partnerships and enter into joint ventures or other arrangements, or create trusts, for sharing profits;
with the approval of the Treasurer, enter into franchise agreements;
confer awards and scholarships;
administer schemes of financial and other assistance;
establish, manage and control halls of residence and other forms of student and other accommodation;
employ or engage staff, engage consultants and appoint agents and attorneys;
charge for work, services, goods and information done, supplied or published by DKA and for admission into the precinct or any part of the precinct;
call for and evaluate submissions for persons, organisations or authorities to be participants in DKA;
set up a society or societies of participants in DKA and a society or societies of associates of DKA, provide for their promotion and development and charge and collect a fee for belonging to the societies; and
grant rights to produce and publish documents containing material relating to the functions of DKA.
This Act’s bill:Second reading speech
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