Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.22Powers
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sec.22 Powers
Subject to subsection (3) , the scheme manager has all the powers of an individual and may, for example— enter into contracts; and acquire, hold, deal with and dispose of property; and appoint agents and attorneys; and engage consultants; and do anything else necessary or convenient to be done in the performance of the scheme manager’s functions. Subject to subsection (3) , the scheme manager also has the powers given to the scheme manager under this Act or another Act. The scheme manager does not have power to borrow money. (sec.22-ssec.1) Subject to subsection (3) , the scheme manager has all the powers of an individual and may, for example— enter into contracts; and acquire, hold, deal with and dispose of property; and appoint agents and attorneys; and engage consultants; and do anything else necessary or convenient to be done in the performance of the scheme manager’s functions. (sec.22-ssec.2) Subject to subsection (3) , the scheme manager also has the powers given to the scheme manager under this Act or another Act. (sec.22-ssec.3) The scheme manager does not have power to borrow money.
- (a) enter into contracts; and
- (b) acquire, hold, deal with and dispose of property; and
- (c) appoint agents and attorneys; and
- (d) engage consultants; and
- (e) do anything else necessary or convenient to be done in the performance of the scheme manager’s functions.