(1) The Regulator has all the powers of an individual and, in particular, may—
(a) enter into contracts; and
(b) acquire, hold, dispose of, and deal with, real and personal property; and
(c) do anything necessary or convenient to be done in the exercise of its functions.
(2) Without limiting subsection (1), the Regulator may enter into an agreement with a State or Territory that makes provision for—
(a) the State or Territory to provide services to the Regulator that assist the Regulator in exercising its functions; or
(b) the Regulator to provide services to the State or Territory relating to the functions of the Regulator under this Law.