Victorian Consolidated Legislation

Melbourne Cricket Ground Act 2009 - SECT 6

Powers and functions

6. Powers and functions



(1) The functions of the Trust are-

   (a)  to manage, control and make improvements to the Ground at the Trust's
        discretion; and

   (b)  to carry out any other function conferred on or given to the Trust by
        or under this Act or any other Act; and







   (c)  upon the request of the Minister, to provide to the Minister advice in
        relation to-

   (i)  the construction and management of sporting facilities; or

   (ii) the management of major sporting events.

(2) The Trust has power to do all things necessary for carrying out its
functions.

(3) Without limiting subsection (2), the Trust, with the approval of the
Treasurer and for the purposes of carrying out its functions, may-

   (a)  invest money of the Trust in any manner approved by the Treasurer;

   (b)  form, or participate in the formation of, a corporation, trust or
        partnership;

   (c)  subscribe for or otherwise acquire, hold and dispose of or otherwise
        deal with any securities of a corporation;

   (d)  subscribe for or otherwise acquire, hold and dispose of units in a
        unit trust;

   (e)  become a member of a corporation, trust, partnership or joint venture;

   (f)  enter into any arrangement for the sharing of profits.