4AFunctions of Corporation

4A Functions of Corporation

4A Functions of Corporation

(1) The Corporation has the functions conferred or imposed on it by or under this or any other Act or law.

(2) The principal functions of the Corporation are those that are referred to in section 12 and that are the subject of one or more operating licences.

(3) Subject to the terms of any operating licence, the Corporation may—

(a) provide facilities or services that are necessary, ancillary or incidental to its principal functions, and

(b) conduct any business or activity (whether or not related to its principal functions) that it considers will further its objectives.

(4) This section does not limit the functions of the Corporation apart from this section, but is subject to the provisions of this Act, the State Owned Corporations Act 1989 and any other Act or law.

s 4A: Ins 1998 No 145, Sch 4 [5].