15CSC’s powers

15 CSC’s powers

CSC has power in Australia and elsewhere to do all things necessary or convenient to be done for, or in connection with, the performance of its functions under this instrument and, in particular, may: (a) give guarantees; and (b) underwrite or sub‑underwrite any form of investment including the underwriting or sub‑underwriting of the issue of shares, debentures or units in a unit trust; and (c) borrow money and give security over the whole or any part of the assets of the ADF Super Fund; and (ca) take out a policy or policies with an insurance company or companies in CSC’s name to provide permanent incapacity and death cover for ADF Super members who are former long‑term ADF members; and (d) appoint agents and attorneys; and (e) act as agent for other persons; and (f) engage consultants and investment managers; and (g) take action to control or manage, or to enhance or protect, the value of any investment from the ADF Super Fund, or to enhance or protect, the return on any such investment; and (h) arrange for the purchase of income products, including retirement income products, by persons in receipt of benefits under Chapter 3; and (i) establish a trust for the purpose of investing the ADF Super Fund and manage and administer the trust; and (j) charge reasonable fees relating to the costs of the administration of the Act and this instrument.