Economic Development Act 2012
sec.10Legal capacity
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sec.10 Legal capacity
MEDQ has all the powers of an individual and may, for example— enter into contracts, infrastructure agreements and other agreements; and deal in land or other property; and appoint agents and attorneys; and engage consultants; and establish funds and accounts with any financial institution in Australia; and fix charges, and other terms, for the performance of a function, or exercise of a power, under this Act; and provide services relating to its functions and charge fees for the services; and advisory services do anything necessary or convenient to be done in the performance of its functions, or exercise of its powers, under this or another Act. MEDQ also has the powers conferred on it by this or another Act. In performing its functions, MEDQ may act alone or in conjunction with public sector units, local governments, agencies or instrumentalities of the Commonwealth and other persons. s 10 amd 2024 No. 32 s 8 (sec.10-ssec.1) MEDQ has all the powers of an individual and may, for example— enter into contracts, infrastructure agreements and other agreements; and deal in land or other property; and appoint agents and attorneys; and engage consultants; and establish funds and accounts with any financial institution in Australia; and fix charges, and other terms, for the performance of a function, or exercise of a power, under this Act; and provide services relating to its functions and charge fees for the services; and advisory services do anything necessary or convenient to be done in the performance of its functions, or exercise of its powers, under this or another Act. (sec.10-ssec.2) MEDQ also has the powers conferred on it by this or another Act. (sec.10-ssec.3) In performing its functions, MEDQ may act alone or in conjunction with public sector units, local governments, agencies or instrumentalities of the Commonwealth and other persons.
- (a) enter into contracts, infrastructure agreements and other agreements; and
- (b) deal in land or other property; and
- (c) appoint agents and attorneys; and
- (d) engage consultants; and
- (e) establish funds and accounts with any financial institution in Australia; and
- (f) fix charges, and other terms, for the performance of a function, or exercise of a power, under this Act; and
- (g) provide services relating to its functions and charge fees for the services; and Example of a service relating to MEDQ’s functions— advisory services
- (h) do anything necessary or convenient to be done in the performance of its functions, or exercise of its powers, under this or another Act.