Commonwealth Numbered Acts

ABORIGINAL COUNCILS AND ASSOCIATIONS ACT 1976 No. 186 of 1976 - SECT 29

29. Subject to this Act, an Aboriginal Council 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)  raise or borrow moneys on such terms, and in such manner, as it thinks
        fit;

   (b)  secure the repayment of moneys so raised or borrowed, or the payment
        of a debt, or liability of the Council, by giving mortgages, charges
        or other securities upon or over all or any of the property of the
        Council, not being an estate or interest in land that is not a
        disposable estate or interest;

   (c)  invest moneys in any manner that it thinks fit; and

   (d)  receive and disburse moneys provided to it.