Commonwealth Consolidated Acts

AUSTRALIAN INSTITUTE OF ABORIGINAL AND TORRES STRAIT ISLANDER STUDIES ACT 1989 - SECT 6

             (1)  The Institute has power to do all things that are necessary or convenient to be done for or in connection with the performance of its functions.

             (2)  The powers of the Institute under subsection (1) include, but are not limited to, the following powers:

                     (a)  to accept gifts, grants, bequests and devises made to it;

                     (b)  to act as trustee of money and other property vested in it on trust.

             (3)  In spite of anything contained in this Act, any money or other property held by the Institute on trust shall be dealt with in accordance with the powers and duties of the Institute as trustee.