(1) The Board has
power to do all things necessary or convenient to be done for, or in
connection with, the performance of its functions.
(2) Without limiting
subsection (1), the Board may —
(a)
acquire, hold, deal with and dispose of property of any sort; and
(b) in
accordance with any relevant Treasurer’s guidelines, enter into a
contract or arrangement with any person under which that person is to —
(i)
provide professional, technical or other assistance to
the Board; or
(ii)
do for the Board anything that the Board could do,
and pay out of the
Fund fees charged by the person in accordance with the contract or
arrangement; and
(c) in
accordance with any relevant Treasurer’s guidelines, enter into a
contract or arrangement with any person under which the Board is to provide
products and services to that person and charge fees for providing those
products and services; and
(ca)
subject to section 7A, form or acquire a subsidiary; and
(d)
promote and market the Board, its activities, products and services; and
(e)
conduct research; and
(f)
produce and publish information; and
(g) do
anything else that a body corporate may do.
(3) Without limiting
subsection (1) if the Board has power to do something, it may do that thing on
its own or in conjunction with any person.
[Section 7 amended: No. 18 of 2006 s. 8; No. 35 of
2011 s. 41.]