20ZBGeneral powers of statutory SOCs

#### 20ZB General powers of statutory SOCs 20ZB General powers of statutory SOCs > > (1) A statutory SOC has, for or in connection with the performance of its functions, all the powers of a natural person, including for example, the power— > > > > > (a) to enter into contracts, and > > > > > (b) to acquire, hold, dispose of and deal with property, and > > > > > (c) to appoint agents and attorneys, and > > > > > (d) to charge, and fix terms, for goods, services and information supplied by it, and > > > > > (e) to engage consultants, and > > > > > (f) to do all other things necessary or convenient to be done for, or in connection with, the performance of its functions. > > > (2) Without limiting subsection (1), a statutory SOC has the powers that are conferred on it by or under this or any other Act. > > > (3) A statutory SOC may exercise its powers within or outside the State. > > > (4) Without limiting subsection (3), a statutory SOC may exercise its powers outside Australia. > > > (5) The fact that the doing of an act by a statutory SOC would not be, or is not, in its best interests does not affect its legal capacity to do the act. > > **pt 3, div 3 (ss 20Z–20ZE):** Ins 1995 No 32, Sch 1 \[13\].