7Additional powers of the body corporate

7 Additional powers of the body corporate

7 Additional powers of the body corporate

(1) The body corporate may, for the purposes for which it is constituted, purchase, exchange, take on lease, hold, dispose of and otherwise deal with any real or personal property and may do and suffer all other things that bodies corporate generally may, by law, do and suffer and that are necessary for or incidental to the purposes for which it is constituted.

(2) Without limiting the generality of subsection (1), the body corporate may, for the purposes for which it is constituted, do any one or more of the following:

(a) affiliate with any corporate or unincorporate body,

(b) borrow or raise money,

(c) secure the repayment of any money or of any debt or liability or the performance of any contract or agreement,

(d) raise funds by means of public appeal or otherwise,

(e) construct, maintain, alter or rebuild any house, building or work,

(f) carry out works on any of its property,

(g) provide accommodation on any of its property,

(h) permit the occupation or use of any of its property by any person upon such terms and conditions as it may from time to time determine either generally or in a particular case,

(i) purchase, sell, supply or otherwise deal in any provisions or goods,

(j) appoint and employ officers and employees,

(k) undertake and execute any trust, and

(l) enter into and execute any contract or agreement.

s 7: Subst 1976 No 60, Sch 1 (6).