12Powers

12 Powers

(1) An R&D Corporation has power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions and, in particular, may: (a) enter into agreements under section 13 for the carrying out of research and development activities or marketing activities by other persons; and (b) enter into agreements under section 14 for the carrying out of research and development activities or marketing activities by the Corporation and other persons; and (c) make intellectual property and other applications, including joint applications, in relation to the results of research and development; and (d) deal with the results of research and development vested in, or made available to, the Corporation or the Corporation and other persons; and (e) make charges for work done, services rendered, and goods and information supplied, by it; and (f) accept gifts, grants, bequests and devises made to it, and act as trustee of money and other property vested in it on trust; and (g) acquire, hold and dispose of real and personal property for the purposes of this Act; and (h) join in the formation of a company; and (j) do anything incidental to any of its powers.