SCHEDULES
SCHEDULE 5 Northern Ireland Assembly Commission
Powers
3
1
Subject to sub-paragraph (4), the Commission 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
holding property;
b
charging for goods or services;
c
entering into contracts;
d
investing sums not immediately required in relation to the discharge of its functions; and
e
accepting gifts.
3
The Commission may sell goods or provide services, and may make arrangements for the sale of goods or provision of services, to the public.
4
The Commission 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 Commission may borrow money only under sub-paragraph (4) and may borrow under that sub-paragraph only with the special or general approval of the Assembly.