SCHEDULES

F1SCHEDULE 29

Annotations:
Amendments (Textual)

Powers

2

1

The Authority may do anything which is calculated to facilitate, or is incidental or conducive to, the carrying out of any of their functions.

2

In particular, the Authority may—

a

acquire or dispose of land or other property,

b

enter into contracts,

c

form bodies corporate or subscribe for shares or stock,

d

invest any sums not immediately required for the purpose of carrying out their functions,

e

accept gifts of money, land or other property, and

f

borrow money.

3

1

The Authority may also give to any person or body (whether or not in the United Kingdom) such assistance, other than financial assistance, as they may determine.

2

Assistance may be provided on such terms and subject to such conditions (if any) as the Authority may determine.

3

In particular, assistance may be provided free of charge or on such terms as to payment as the Authority may determine.

4

The consent of the Secretary of State is required for the exercise of any power conferred by this paragraph.