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.