14General powers of North East Link State Tolling Corporation

14 General powers of North East Link State Tolling Corporation

(1) The North East Link State Tolling Corporation has power to do all things that are necessary or convenient to be done for or in connection with, or as incidental to, the achievement of its objects and the performance of its functions.

(2) Without limiting subsection (1), the North East Link State Tolling Corporation may do the following—

(a) enter into any agreement or contract;

(b) enter into any lease or licence;

(c) participate in the formation of a corporation, trust, partnership or other body;

(d) subscribe for or otherwise acquire, and hold and dispose of, shares in, or debentures or other securities of, a corporation;

(e) become a member of a company limited by guarantee;

(f) subscribe for or otherwise acquire, and hold and dispose of, units in a trust;

(g) acquire, and hold and dispose of, an interest in a partnership or other body;

(h) enter into partnership or into any arrangement for sharing of profits, union of interest, co-operation, joint venture, reciprocal concession or otherwise, with any person or body carrying on or engaged in, or about to carry on or engage in, any business or transaction whether within or outside Victoria relating to, or connected with, any function of the North East Link State Tolling Corporation;

(i) make any person employed by the North East Link State Tolling Corporation available for engagement by any other person;

(j) engage in any business, undertaking or activity incidental to the performance of its functions;

(k) engage consultants, contractors or agents;

(l) act as trustee;

(m) act as an agent of another person.