115Powers of school association generally

115 Powers of school association generally

(1)  Subject to its constitution, this Act and the regulations, a school association has power to do all things necessary or convenient to be done in connection with the performance of its functions.

(2)  Without limiting the generality of subsection (1) , a school association has power to raise funds for the benefit of the school and to determine how those funds will be used.

(3)  Except in accordance with the Ministerial instructions, a school association may not –

(a) employ any person; or

(b) hold or otherwise deal with real property; or

(c) borrow money from, or loan money to, any person or organisation; or

(d) enter into contracts with a contract price or value of more than $5 000.