Adelaide University Act 2023

The University has the power to do anything necessary, convenient or incidental to, or in connection with, the performance of its functions under this Act.

Without limiting subsection (1), the University—

is capable of suing and being sued; and

is capable of holding, acquiring, dealing with and disposing of real and personal property; and

is capable of acquiring or incurring other assets, rights or liabilities; and

is able to enter into contracts and arrangements; and

is able to employ staff and engage other persons; and

is able to promote the formation of a company under the Corporations Act 2001 of the Commonwealth and to hold shares or other interests in any body corporate; and

is able to enter into partnerships and participate in joint ventures and arrangements for the sharing of profits; and

is able to participate in any commercial or business activity; and

is capable of administering any property on trust or accepting gifts (and, if any gift is affected by a trust, is empowered to carry out the terms of the trust).

The University must not alienate (except by way of lease for a term not exceeding 21 years), mortgage or charge land vested in or conveyed to the University on trust except with, and in accordance with any terms or conditions of, an approval given by the Governor.

To avoid doubt, subsection (3) does not confer any power to alienate land contrary to the terms of a trust relating to the land.