Powers
8 Powers
Tourism and Events NT has the powers necessary or convenient to perform its functions.
In particular, Tourism and Events NT has power to:
acquire, hold and dispose of real (including leasehold) and personal property; and
improve any real or personal property owned by, or under the control of, Tourism and Events NT; and
negotiate and enter into contracts, agreements, schemes and arrangements; and
purchase, lease or hire plant, machinery, equipment or other things for the purpose of performing the functions; and
with the Treasurer's approval and subject to the Financial
Management Act 1995, grant guarantees or indemnities for, or otherwise assume responsibility for, the obligations of persons; and
with the Treasurer's approval:
borrow, lend, raise or invest money; and
form or participate in the formation of an incorporated body, partnership or trust; and
sell or distribute tickets for events and exhibitions; and
accept or refund money in respect of the sale or distribution of tickets for events and exhibitions.
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