19—Specific provisions in relation to powers
(1) Subject to this
Act, a HAC has the power to do anything necessary, expedient or incidental to
performing its functions.
(2) Without limiting
subsection (1), a HAC that is incorporated under this Act may establish
any fund (including a gift fund ) or account.
(3) A HAC must not do
any of the following without the approval of the Minister:
acquire or dispose of real property, or an interest in real property;
borrow money or grant a mortgage or create any other form of charge over its
grant a lease over any real property;
enter into any form of guarantee or grant any indemnity;
engage a person under a contract for the provision of services;
anything else identified under the constitution or rules of the HAC as being
within the operation of this subsection.
(4) The Minister may,
in granting an approval under subsection (3), impose such conditions as
the Minister thinks fit.
Subsection (3) does not apply in any circumstances excluded from the
operation of that subsection—
the regulations; or
the constitution or rules of the HAC.
(6) A HAC does not
have the power to employ any person.