(1) Subject to this Act, the Chief Executive Officer (Housing) has power to do all things that are necessary or convenient to be done for or in connection with or incidental to the performance of its functions and the exercise of its powers.
(2) Without limiting the generality of subsection (1), the Chief Executive Officer (Housing) may do any of the following for the purpose of carrying out its functions or exercising its powers, including the powers conferred upon it elsewhere under this or any other Act:
(a) acquire, hold and dispose of real or personal property, or any interest therein, and any rights, privileges, permits, licences and authorities;
(b) prepare sites for building;
(c) build on land, including land held by a private person;
(d) maintain, manage and control premises;
(e) let premises;
(f) sell dwellings;
(g) provide financial and other assistance for the acquisition of land or buildings for accommodation, and for building and maintaining premises for accommodation;
(h) act as agent for the Territory or Commonwealth in administering a Territory or Commonwealth housing scheme;
(j) manufacture or otherwise produce its own materials;
(k) build, purchase or otherwise acquire, with the Minister's written approval, and maintain premises and other buildings for its own immediate or future office or industrial requirements;
(m) build, purchase or otherwise acquire, with the Minister's written approval, and control, manage and maintain premises and other buildings for the immediate or future needs of the Territory or Commonwealth;
(n) sell, lease or otherwise dispose of real or personal property, including any part of premises and buildings referred to in paragraph (k) or (m), that is then surplus to its own, the Territory's or the Commonwealth's needs.
(3) Subject to this Act and to any rights or duties the Chief Executive Officer (Housing) may have as a mortgagee in a particular case, the Chief Executive Officer (Housing) must not sell real or personal property (other than building materials) unless the sale is made either by public auction or after inviting public tenders for the purchase of the property.
(3A) Where property remains unsold after being offered for sale by public auction or public tender under subsection (3), the Chief Executive Officer (Housing) may, either by itself or by an agent or agents appointed for the purpose, offer the property for sale to the public on such terms and conditions as the Chief Executive Officer (Housing) may specify.
(3B) An offer under subsection (3A) remains open for a period of 6 months commencing with the day on which the public auction was held or, as the case may be, the public tenders closed, or until a binding arrangement for the sale of the property has been entered into, whichever is sooner.
(3C) Notwithstanding that property may be offered for sale pursuant to subsection (3) or (3A), the Chief Executive Officer (Housing) may withdraw the property from sale at any time:
(a) where the property is offered under subsection (3), before the day on which the public auction is held or, as the case may be, public tenders are to close; or
(b) where the property is offered under subsection (3A), before a binding arrangement for sale has been entered into.
(4) The Minister may, in writing, authorise the Chief Executive Officer (Housing) to sell, lease or otherwise dispose of real or personal property, being property of the Chief Executive Officer (Housing), to the Territory, a statutory corporation or a person of a class of persons specified in the authorisation, and the Chief Executive Officer (Housing) may sell, lease or otherwise dispose of the property accordingly.