Northern Territory Consolidated Acts

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BATCHELOR INSTITUTE OF INDIGENOUS TERTIARY EDUCATION ACT - SECT 8

Powers of Institute

8. Powers of Institute

(1) Subject to this Act, the Institute has power to do all things that are necessary or convenient to be done for or in connection with or incidental to the performance of its functions.

(2) Without limiting subsection (1), the Institute has power to -

(a) enter into contracts;

(b) create, develop, apply for, obtain and hold intellectual property and enter into agreements or arrangements of a commercial nature in respect of intellectual property on the terms, including terms as to royalties and lump sum payments, that the Council considers appropriate;

(c) purchase, lease or otherwise acquire and hold real or personal property and sell, grant leases of or otherwise dispose of real or personal property;

(d) erect buildings;

(e) occupy, use, control and manage land or a building owned or leased by the Institute;

(f) accept gifts, grants, bequests, devises and assignments made to the Institute, whether on trust or otherwise, and act as trustee of money and other property vested in the Institute on trust;

(g) enter into arrangements with other institutions of higher, technical or further education (whether in Australia or elsewhere) or with any of the States or Territories of the Commonwealth for the establishment in the Institute of courses of lectures or studies for degrees, diplomas, certificates or otherwise;

(h) confer awards jointly with another educational institution;

(j) establish and maintain cultural centres, libraries, laboratories and museums in connection with the operations of the Institute;

(k) establish, manage and control halls of residence and other forms of student and other accommodation;

(m) employ staff, engage consultants and appoint agents and attorneys;

(n) charge for work, services, goods and information done or supplied by the Institute;

(p) borrow and invest money;

(q) grant loans to and be the guarantor of persons and bodies carrying on activities related to the operations of the Institute on the terms the Council considers appropriate;

(r) form partnerships and enter into joint ventures and other arrangements for sharing profits; and

(s) with the approval of the Treasurer, form or establish or participate in the formation or establishment of companies, whether to be registered in the Territory or elsewhere by virtue of section 119A of the Corporations Act 2001.



[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]