Menzies School of Health Research Act 1985

Subject to this Act, the School 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 and the exercise of its powers.

Without limiting the generality of subsection (1), the School may, for the purpose of carrying out its functions or exercising its powers, including a power conferred on it elsewhere in this Act:

enter into contracts;

purchase, take on lease or otherwise acquire and sell, grant leases of or otherwise dispose of, real or personal property;

erect buildings;

occupy, use and control any land or building owned or held under lease and made available for the purposes of the School;

act in association with an organization, society or other body having similar functions or objectives to those of the School;

obtain or raise money from any source by means of grants, subsidies, subscriptions, gifts, bequests, public appeals or other means;

subject to section 30, borrow money either without security or on the security of the whole or any part of the property of the School;

impose fees and other charges for services provided by the

School, including fees in relation to awards of the School and tuition and examination fees;

create, develop, apply for, obtain and hold intellectual and industrial property and rights and enter into agreements or arrangements for the commercial exploitation of any such property and rights on such terms as to royalties, lump sum payments or otherwise as the Board thinks fit;

acquire property by way of gift inter vivos, bequest or devise and agree to any condition, not inconsistent with the functions of the School, attaching to any such gift, bequest or devise and act as trustee; and

except as provided by a condition agreed to by the Board on its acquisition of property or the terms of a trust subject to which property is held, invest the moneys of the School in such investments, and in such manner, as the Board thinks fit.