sec.22Other powers of Corporation

### sec.22 Other powers of Corporation In addition to and without derogating from any other power conferred on the Corporation by this Act, the Corporation, either by itself or by persons authorised by it may do all things necessary or convenient to be done for or in connection with the attainment of its objectives and the discharge of its functions. Without limiting the generality of subsection (1) the powers of the Corporation referred to in that subsection include the following powers— to promote, incorporate or form any company, joint venture, partnership, association (corporate or unincorporated) or trust for any purpose which the Corporation considers may directly or indirectly benefit the Corporation; to engage such agents and contractors as the Corporation sees fit to attain its objectives, discharge its functions and exercise its powers; to enter into any contracts, covenants, undertakings, arrangements, promises, guarantees and indemnities to meet obligations or liabilities incurred or to be incurred by or to any person, whether or not the person is a party to the contracts, covenants, undertakings, arrangements, promises, guarantees and indemnities; for its own use, acquire, hold, deal with and dispose of— shares in any body corporate, company debentures, bonds, stock and other securities; and real and personal property and any interest therein; for its own use, grant or take leases of any term whatsoever of land, buildings, plant, machinery, equipment and any other property as lessee, lessor, owner or tenant; to accept money on deposit; to enter into and perform deferred payment arrangements as debtor or creditor; to maintain an account or accounts with any financial institution whether in Australia or elsewhere; for its own use, enter into purchase obligations as purchaser, or sale obligations as seller, to purchase or sell, as the case may be, any output or other product or service of any kind whatsoever; adopt such means of making known or advertising the activities of the Corporation as the Corporation thinks fit; do all such other things as are incidental or conducive to the exercise of the functions of the Corporation; undertake any other transaction or activity authorised from time to time by the Governor in Council either generally or in a particular case. s 22 amd 1997 No. 17 s 47 (sec.22-ssec.1) In addition to and without derogating from any other power conferred on the Corporation by this Act, the Corporation, either by itself or by persons authorised by it may do all things necessary or convenient to be done for or in connection with the attainment of its objectives and the discharge of its functions. (sec.22-ssec.2) Without limiting the generality of subsection (1) the powers of the Corporation referred to in that subsection include the following powers— to promote, incorporate or form any company, joint venture, partnership, association (corporate or unincorporated) or trust for any purpose which the Corporation considers may directly or indirectly benefit the Corporation; to engage such agents and contractors as the Corporation sees fit to attain its objectives, discharge its functions and exercise its powers; to enter into any contracts, covenants, undertakings, arrangements, promises, guarantees and indemnities to meet obligations or liabilities incurred or to be incurred by or to any person, whether or not the person is a party to the contracts, covenants, undertakings, arrangements, promises, guarantees and indemnities; for its own use, acquire, hold, deal with and dispose of— shares in any body corporate, company debentures, bonds, stock and other securities; and real and personal property and any interest therein; for its own use, grant or take leases of any term whatsoever of land, buildings, plant, machinery, equipment and any other property as lessee, lessor, owner or tenant; to accept money on deposit; to enter into and perform deferred payment arrangements as debtor or creditor; to maintain an account or accounts with any financial institution whether in Australia or elsewhere; for its own use, enter into purchase obligations as purchaser, or sale obligations as seller, to purchase or sell, as the case may be, any output or other product or service of any kind whatsoever; adopt such means of making known or advertising the activities of the Corporation as the Corporation thinks fit; do all such other things as are incidental or conducive to the exercise of the functions of the Corporation; undertake any other transaction or activity authorised from time to time by the Governor in Council either generally or in a particular case. - (a) to promote, incorporate or form any company, joint venture, partnership, association (corporate or unincorporated) or trust for any purpose which the Corporation considers may directly or indirectly benefit the Corporation; - (b) to engage such agents and contractors as the Corporation sees fit to attain its objectives, discharge its functions and exercise its powers; - (c) to enter into any contracts, covenants, undertakings, arrangements, promises, guarantees and indemnities to meet obligations or liabilities incurred or to be incurred by or to any person, whether or not the person is a party to the contracts, covenants, undertakings, arrangements, promises, guarantees and indemnities; - (d) for its own use, acquire, hold, deal with and dispose of— (i) shares in any body corporate, company debentures, bonds, stock and other securities; and (ii) real and personal property and any interest therein; - (i) shares in any body corporate, company debentures, bonds, stock and other securities; and - (ii) real and personal property and any interest therein; - (e) for its own use, grant or take leases of any term whatsoever of land, buildings, plant, machinery, equipment and any other property as lessee, lessor, owner or tenant; - (f) to accept money on deposit; - (g) to enter into and perform deferred payment arrangements as debtor or creditor; - (h) to maintain an account or accounts with any financial institution whether in Australia or elsewhere; - (i) for its own use, enter into purchase obligations as purchaser, or sale obligations as seller, to purchase or sell, as the case may be, any output or other product or service of any kind whatsoever; - (j) adopt such means of making known or advertising the activities of the Corporation as the Corporation thinks fit; - (k) do all such other things as are incidental or conducive to the exercise of the functions of the Corporation; - (l) undertake any other transaction or activity authorised from time to time by the Governor in Council either generally or in a particular case. - (i) shares in any body corporate, company debentures, bonds, stock and other securities; and - (ii) real and personal property and any interest therein;