32AHomes Victoria may enter into joint ventures etc.

32A Homes Victoria may enter into joint ventures etc. With the approval of the Minister and the Treasurer, Homes Victoria may do any or all of the following— (a) form, or participate in the formation of, a corporation, trust, joint venture, partnership or other body, including a non-profit body (a ***Homes Victoria subsidiary***); (b) subscribe for, or otherwise acquire, and hold and dispose of shares in, or debentures or other securities of, a corporation; (c) become a member of a company limited by guarantee; (d) subscribe for, or otherwise acquire, and hold and dispose of, units in a trust; (e) act as a trustee or manager of a trust or other investment interest and authorise any subsidiaries of Homes Victoria to act as a trustee or manager of a trust or other investment interest; (f) acquire and hold and dispose of an interest in a partnership or other body or arrangement; (g) enter into any contract or arrangement with a person for the sharing of profits, union of interest, co-operation, joint venture, reciprocal concessions or otherwise. S. 32B inserted by No. 40/2022 s. 24.