Hospital Foundations Act 2018
sec.16Powers
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sec.16 Powers
A foundation has all the powers of an individual, and may, for example— enter into contracts and agreements; and hold and manage property; and establish and administer trust funds; and appoint a person to manage all or part of its funds; and do anything else necessary or convenient to be done in performing its functions or exercising its powers. A foundation also has the powers given to it under this Act or another Act. However, a foundation’s powers are subject to any limitations under this Act or another Act. (sec.16-ssec.1) A foundation has all the powers of an individual, and may, for example— enter into contracts and agreements; and hold and manage property; and establish and administer trust funds; and appoint a person to manage all or part of its funds; and do anything else necessary or convenient to be done in performing its functions or exercising its powers. (sec.16-ssec.2) A foundation also has the powers given to it under this Act or another Act. (sec.16-ssec.3) However, a foundation’s powers are subject to any limitations under this Act or another Act.
- (a) enter into contracts and agreements; and
- (b) hold and manage property; and
- (c) establish and administer trust funds; and
- (d) appoint a person to manage all or part of its funds; and
- (e) do anything else necessary or convenient to be done in performing its functions or exercising its powers.