(1)  The Authority has power to do anything that is necessary or convenient to be done for or in connection with the performance of its functions.

(2)  Without limiting subsection (1) , the Authority –

(a) may acquire, hold, dispose of and otherwise deal with property other than real property; and

(b) may enter into contractual arrangements with other persons and bodies; and

(c) may enter into any arrangements or agreements with any person to act as its agent in the performance of any of its functions under this Act; and

(d) may do any other thing that it would be entitled to do if it were a body corporate.