Powers of Trust
6 Powers of Trust
The Trust has power to do all things necessary or convenient to be done in connection with carrying out its objects.
Without limiting the generality of subsection (1), the Trust may – acquire, hold, dispose of and otherwise deal with property; and borrow money either with or without security; and enter into any contract, including a contract with another person for the performance of any of its functions or powers jointly with that other person; and set charges, terms and conditions relating to work done, or services, goods or information supplied, by it; and do all other things that a body corporate may do and that are necessary for, or incidental to, the carrying out, or promotion, of its objects.
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