48Corporations and joint ventures

48 Corporations and joint ventures

(1) For the purposes of one or more of the objects set out in subsection (2), the University may, in accordance with the guidelines—

(a) be a member of a company, association, trust or partnership;

(b) form, manage or participate in the formation of a company, association, trust or partnership;

(c) enter into a joint venture or joint undertaking with another person or persons.

(2) For the purposes of subsection (1), the objects are—

(a) making available facilities for study, research or education;

(b) providing teaching, research, development, consultancy or other services for public or private entities;

(c) assisting or engaging in the development or promotion of the University's research or the application or use of the results of that research;

(d) preparing, publishing, distributing or licensing the use of literary or artistic work, audio or audiovisual material or computer software;

(e) exploiting commercially a facility or resource of the University, including but not limited to, study, research or knowledge developed by or belonging to the University, whether alone or with another entity;

(f) seeking or encouraging gifts to the University or for the University's purposes;

(g) any other object, consistent with this Act, that the Council considers appropriate in the circumstances.