sec.25Powers to execute charges etc. relating to financial arrangements and other arrangements

### sec.25 Powers to execute charges etc. relating to financial arrangements and other arrangements For the purpose of performing financial arrangements and other arrangements to be entered into by or on behalf of the Corporation the Corporation may— execute such mortgages, bills of sale, charges, liens and other encumbrances over any of the property of the Corporation or provide such other security as the Corporation thinks fit; execute such other agreements including sale agreements, purchase agreements, building contracts, call and put options, leases and management and operating agreements as the Corporation thinks fit; charge any of its income and revenue from whatever source arising. No mortgage, bill of sale, charge, lien, other encumbrance, security or agreement referred to in subsection (1) and section 6 (3) and (4) shall operate to prevent the Corporation from dealing with its income and revenue or other property, as the case may be, in the ordinary course of performance of its powers, authorities, duties or functions under this or any other Act or in such manner as may be expressly permitted under the mortgage, bill of sale, charge, lien, other encumbrance, security or agreement. (sec.25-ssec.1) For the purpose of performing financial arrangements and other arrangements to be entered into by or on behalf of the Corporation the Corporation may— execute such mortgages, bills of sale, charges, liens and other encumbrances over any of the property of the Corporation or provide such other security as the Corporation thinks fit; execute such other agreements including sale agreements, purchase agreements, building contracts, call and put options, leases and management and operating agreements as the Corporation thinks fit; charge any of its income and revenue from whatever source arising. (sec.25-ssec.2) No mortgage, bill of sale, charge, lien, other encumbrance, security or agreement referred to in subsection (1) and section 6 (3) and (4) shall operate to prevent the Corporation from dealing with its income and revenue or other property, as the case may be, in the ordinary course of performance of its powers, authorities, duties or functions under this or any other Act or in such manner as may be expressly permitted under the mortgage, bill of sale, charge, lien, other encumbrance, security or agreement. - (a) execute such mortgages, bills of sale, charges, liens and other encumbrances over any of the property of the Corporation or provide such other security as the Corporation thinks fit; - (b) execute such other agreements including sale agreements, purchase agreements, building contracts, call and put options, leases and management and operating agreements as the Corporation thinks fit; - (c) charge any of its income and revenue from whatever source arising.