Commonwealth Consolidated Acts(1) The Authority may do all things that are necessary or convenient to be done for or in connexion with the performance of its functions and, in particular, may:
(a) subject to this section, enter into contracts, agreements, arrangements or understandings; and
(b) occupy, use and control any land or building owned or held under lease by the Commonwealth and made available for the purposes of the Authority; and
(c) subject to this section, acquire, hold and dispose of real or personal property; and
(e) do anything incidental to any of its powers.
(3) The Authority has power to perform any of its functions in co‑operation with Queensland, with an authority of that State or with a local governing body in that State.
(4) Any contract, agreement, arrangement or understanding entered into by the Authority is to be entered into on behalf of the Commonwealth.
(5) Any real or personal property held by the Authority is held for and on behalf of the Commonwealth.
(6) Any money received by the Authority is received for and on behalf of the Commonwealth.
(7) The Authority cannot hold real or personal property or money on trust.
Note: The Commonwealth may hold real or personal property or money on trust.
(8) To avoid doubt, a right to sue is taken not to be personal property for the purposes of subsection (5).
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