sec.9Functions

### sec.9 Functions The council has the following functions— to manage the institute in a proper, efficient and effective way; to raise and accept money for the institute to carry out its purpose; to accept any gift, devise or bequest of property made for the benefit of the institute; to help the institute carry out its purpose by investing money— raised by, or given to, the council; or derived from any property, or other investment, owned or operated by the council; to exploit commercially, for the institute’s benefit, a facility or resource owned by the council, including, for example, study, research or knowledge, or the practical application of study, research or knowledge, managed by the council, whether alone or with someone else; any other function given to the council under this Act or another Act. - (a) to manage the institute in a proper, efficient and effective way; - (b) to raise and accept money for the institute to carry out its purpose; - (c) to accept any gift, devise or bequest of property made for the benefit of the institute; - (d) to help the institute carry out its purpose by investing money— (i) raised by, or given to, the council; or (ii) derived from any property, or other investment, owned or operated by the council; - (i) raised by, or given to, the council; or - (ii) derived from any property, or other investment, owned or operated by the council; - (e) to exploit commercially, for the institute’s benefit, a facility or resource owned by the council, including, for example, study, research or knowledge, or the practical application of study, research or knowledge, managed by the council, whether alone or with someone else; - (f) any other function given to the council under this Act or another Act. - (i) raised by, or given to, the council; or - (ii) derived from any property, or other investment, owned or operated by the council;