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HOME BUILDING ACT 1989 - SECT 109
Functions of Administration Corporation
(1) The Administration Corporation has the functions conferred or imposed on
the Administration Corporation by or under this or any other Act or law.
(2)
The functions of the Administration Corporation include the following: (a) to
hold on behalf of the State, retain, transfer and dispose of assets, rights
and liabilities transferred to it under this Act,
(b) to acquire, exchange,
lease, dispose of and otherwise deal with property,
(c) to develop and manage
land transferred to it under this Act or otherwise acquired by it,
(d) to
carry on any activity or business that relates to the assets, rights and
liabilities transferred to it or that is incidental or ancillary to the
assets, rights and liabilities transferred to it,
(e) any other function
conferred or imposed on it by or under this or any other Act.
(3) The
Administration Corporation may do all such things as are supplemental or
incidental to the exercise of its functions.
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