8Powers

8 Powers

(1) The Gallery has power to do all things necessary or convenient to be done for or in connection with the performance of its functions. (2) The Gallery’s powers include, but are not limited to, the following powers: (a) the power to enter into contracts; (b) the power to occupy, use and control any land, building, structure or other improvement made available to the Gallery under section 9; (c) the power to purchase or take on hire, to commission or produce, or to accept as a gift or on deposit or loan, portraits, other works of art or related material; (d) the power to make available (whether by hire, loan or otherwise) portraits, other works of art or related material; (e) the power to provide financial assistance to persons (whether by way of loan, grant, award or otherwise and whether on commercial terms or otherwise); (f) the power to accept gifts, devises, bequests and assignments (whether on trust or otherwise); (g) the power to act as trustee of money or other property vested in the Gallery on trust; (h) the power to do anything incidental to any of its functions. (3) Despite anything contained in this Act, any money or other property held by the Gallery on trust must be dealt with in accordance with the obligations of the Gallery as trustee of the trust.