SCHEDULES
SCHEDULE 1The Serious Organised Crime Agency
Part 4General
Incidental powers
I2I121
1
In connection with exercising its functions SOCA may (subject to the provisions of this Act)—
a
enter into contracts and other agreements (whether legally binding or not);
b
acquire and dispose of property (including land);
c
borrow money; and
d
do such other things as SOCA thinks 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 SOCA considers appropriate (which may include terms providing for the commercial sponsorship of any of SOCA's activities).
3
But SOCA may exercise the power conferred by sub-paragraph (1)(b) or (c) only with the consent of the Secretary of State.
4
Such consent 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.