Australian Capital Territory Repealed Acts

This legislation has been repealed.

CANBERRA INSTITUTE OF THE ARTS ORDINANCE 1988 - SECT 7

        (a)     subject to subsection (2), enter into contracts;

        (b)     erect buildings and structures and carry out works;

        (c)     occupy, use and control any land or building owned or held under lease by the Commonwealth and made available for the purposes of the Institute;

        (d)     accept gifts, grants, devises and bequests made to the Institute, whether on trust or otherwise, and act as trustee of moneys or other property vested in the Institute upon trust;

        (e)     provide scholarships and like benefits;

        (f)     appoint agents and attorneys and act as an agent for other persons;

        (g)     form, and participate in, the formation of companies;

        (h)     enter into partnerships;

        (j)     participate in joint ventures;

        (k)     obtain commercial sponsorship for the Institute; and

        (l)     do anything incidental to any of its powers.

(2) The Institute shall not enter into a contract for the expenditure of an amount exceeding $100,000 without the approval of the Minister.

(3) The powers of the Institute may be exercised within or outside Australia.

Limitations on formation of companies etc.