South Australian Consolidated Acts (1) Subject to
subsection (2), the Council has the powers of a natural person and may
for example—
(a)
enter into any form of contract or arrangement;
(b)
acquire, hold, deal with and dispose of real and personal property;
(c)
provide services on terms and conditions determined by the Council.
(2) The Council may
not, without the Governor's consent—
(a)
incur contractual liabilities exceeding a limit fixed by regulation for the
purposes of this section; or
(b)
enter into a contract of a class prescribed by regulation for the purposes of
this section; or
(c)
acquire or dispose of an interest in real property.
(3) The Council must,
before entering into a transaction of a class prescribed by regulation for the
purposes of this subsection, observe the appropriate procedures prescribed by
regulation.