• Specific Year
    Any

ABORIGINAL AND TORRES STRAIT ISLANDER COMMISSION ACT 1989 No. 150 of 1989 - SECT 152 Powers of Corporation

ABORIGINAL AND TORRES STRAIT ISLANDER COMMISSION ACT 1989 No. 150 of 1989 - SECT 152

Powers of Corporation
152. (1) Subject to section 153 and Division 8, the Corporation 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 Corporation under subsection (1) include, but are not
limited to, the following powers:

   (a)  to enter into contracts;

   (b)  to invest money of the Corporation;

   (c)  to appoint agents and attorneys, and act as an agent for other
        persons;

   (d)  to form, and participate in the formation of, companies;

   (e)  to subscribe for and purchase shares in, and debentures and other
        securities of, companies;

   (f)  to enter into partnerships;

   (g)  to participate in joint ventures and arrangements for the sharing of
        profits;

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

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

   (k)  to charge for the provision of services by it.

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

(4) The powers of the Corporation may be exercised within or outside
Australia.