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PRIMARY INDUSTRIES AND ENERGY RESEARCH AND DEVELOPMENT ACT 1989 - SECT 12

Powers

             (1)  An R&D Corporation has power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions and, in particular, may:

                     (a)  enter into agreements under section 13 for the carrying out of R&D activities by other persons; and

                     (b)  enter into agreements under section 14 for the carrying out of R&D activities by the Corporation and other persons; and

                     (c)  make applications, including joint applications, for patents; and

                     (d)  deal with patents vested in the Corporation or in the Corporation and other persons; and

                     (e)  make charges for work done, services rendered, and goods and information supplied, by it; and

                      (f)  accept gifts, grants, bequests and devises made to it, and act as trustee of money and other property vested in it on trust; and

                     (g)  acquire, hold and dispose of real and personal property for the purposes of this Act; and

                     (h)  join in the formation of a company; and

                      (j)  do anything incidental to any of its powers.



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