SCHEDULES
SCHEDULE 2 Scottish Parliamentary Corporate Body
Powers
4
1
Subject to sub-paragraph (4), the corporation may do anything which appears to it to be necessary or expedient for the purpose of or in connection with the discharge of its functions.
2
That includes, in particular—
a
entering into contracts,
b
charging for goods or services,
c
investing sums not immediately required in relation to the discharge of its functions, and
d
accepting gifts.
3
The corporation may sell goods or provide services, and may make arrangements for the sale of goods or provision of services, to the public.
4
The corporation may borrow sums in sterling by way of overdraft or otherwise for the purpose of meeting a temporary excess of expenditure over sums otherwise available to meet that expenditure.
5
The corporation may borrow money only under sub-paragraph (4) and may borrow under that sub-paragraph only in accordance with the special or general approval of the Parliament.