13General powers of Authority

13 General powers of Authority

(1) The Authority has power to do all things that are necessary or convenient to be done for or in connection with, or incidental to, the achievement of its object, the Suburban Rail Loop program objectives and the performance of its objectives, functions and duties under this or any other Act.

(2) Without limiting subsection (1), the Authority may do any one or more of the following—

(a) form or participate in the formation of a corporation, trust, joint venture, partnership or other body;

Section 84(1) of the Public Administration Act 2004 requires a public entity to notify the Treasurer of the intention to form, or participate in the formation of, a body corporate.

(b) acquire, purchase, dispose of, hold or deal in assets, businesses or other property, or rights and liabilities or contractual interests and subscribe for shares in, or debentures, units or other securities of, a corporation or trust;

(c) lease, licence, sell, mortgage, use as security or otherwise encumber or dispose of any property acquired or owned by it;

(d) enter into agreements, arrangements, leases or licences and do all things necessary or convenient to be done to give effect to the agreements, arrangements, leases or licenses;

(e) acquire, own, build, maintain, operate, manage or dispose of non-transport infrastructure or transport infrastructure;

(f) enter into an agreement or arrangement relating to the allocation of revenue received by the Authority or its subsidiaries;

(g) act as an agent for another person or body;

(h) engage consultants, contractors or agents;

(i) give indemnities, guarantees and releases, and grant or take security and anything else of a similar nature;

(j) acquire, hold, accept as a security, or otherwise deal with, any intellectual property right, plant breeder's right, circuit layout right, trade secret, or right arising from confidential information;

(k) enter into agreements or arrangements for the commercial exploitation within or outside Victoria of intellectual property rights and ancillary services on any terms or conditions as to royalties or lump sum payments;

(l) assign, grant, lease, licence, sell, mortgage, use as a security, or otherwise encumber or dispose of, any intellectual property right;

(m) seek any remedy in relation to, or do anything necessary to enforce, protect, maintain, register or exploit, any intellectual property right;

(n) seek any remedy in relation to, or do anything necessary to enforce, protect, maintain or exploit, any Crown copyright;

(o) act as a trustee or manager of a trust or other investment interest for another person or body;