Commonwealth Numbered Acts

AUSTRALIAN NATIONAL UNIVERSITY ACT 1991 No. 131 of 1991 - SECT 6

6. (1) Subject to Division 2 of Part 3, the University 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 University under subsection (1) include, but are not
limited to, the following powers:

   (a)  to buy, take on lease or otherwise acquire real and personal property,
        and to sell, grant leases of, or otherwise dispose of, such property;

   (b)  to develop commercially any discovery, invention or property;

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

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

   (e)  to subscribe for and buy 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 enter into contracts;

   (i)  to erect buildings;

   (j)  to occupy, use and control any land or building made available to the
        University by the Commonwealth for the purposes of the University;

   (k)  to employ staff;

   (l)  to invest money of the University, and to dispose of investments;

   (m)  to make astronomical, seismological, meteorological and other
        scientific observations;

   (n)  to make loans and grants to students;

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

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

   (q)  to do such other things as it is authorised to do by or under this Act
        or any other Act;

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

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

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