18(1)In connection with the exercise of any of its functions DBS may—
(a)enter into contracts and other agreements (whether legally binding or not),
(b)acquire and dispose of property (including land),
(c)borrow money,
(d)do such other things as DBS considers necessary or expedient.
(2)The power conferred by sub-paragraph (1)(b) includes accepting—
(a)gifts of money, and
(b)gifts or loans of other property,
on such terms as DBS considers appropriate.
(3)But DBS may exercise the power conferred by sub-paragraph (1)(b) or (c) only with the approval of the Secretary of State.
(4)Such approval may be given—
(a)with respect to a particular case or with respect to a class of cases,
(b)subject to such conditions as the Secretary of State considers appropriate.