New South Wales Consolidated Acts

NATIONAL PARKS AND WILDLIFE ACT 1974 - SECT 98

98 Powers of Trust

(1) The Trust has power to do all things that are necessary or convenient to be done for or in connection with the exercise of its functions or that are supplemental or incidental to, or consequential on, the exercise of its functions.

(2) Without limiting subsection (1), the Trust has power to do the following--

(a) to buy, sell, hold, mortgage, lease or otherwise deal with land or other property,

(b) to borrow money, either with or without security,

(c) to act as trustee of money or other property vested in the Trust,

(d) to invest money held in the Public Fund and the Operating Fund--

(i) if the Trust is a GSF agency for the purposes of the Government Sector Finance Act 2018 , Part 6--in a way that the Trust is permitted to invest money under that Part, or

(ii) if the Trust is not a GSF agency for the purposes of the Government Sector Finance Act 2018 , Part 6--in the same way as trustees may invest trust funds or in another way approved by the Treasurer,

(e) to make and enter into contracts or other arrangements for the carrying out of works, the performance of services or the supply of goods or materials,

(f) to appoint agents,

(g) to set fees in relation to administrative matters.