(1) The Authority may
do all things necessary or convenient to be done for or in connection with the
performance of its functions.
(2) The Authority may
for the purpose of performing a function —
(a)
acquire, hold, deal with or dispose of land; and
(b)
undertake, plan, provide for, promote or coordinate the subdivision,
amalgamation, improvement, development, alteration or management of land,
whether or not the Authority holds the land in question; and
(ba)
extract minerals from land; and
(c)
enter into any contract or arrangement with any person, including a contract
or arrangement for the doing of anything that the Authority is authorised to
do under this Act —
(i)
by that person; or
(ii)
by the Authority, for that person;
and
(d)
apply for the grant of any licence or other authority required by the
Authority; and
(e)
charge fees for services provided to any person, including a Crown agency; and
(f)
carry out any investigation, survey, exploration or feasibility study; and
(g)
acquire, establish or operate —
(i)
any undertaking necessary or convenient for the
performance of the function; and
(ii)
any associated undertaking;
and
(h)
produce or deal in any equipment, facilities or system associated with, the
performance of the function; and
(i)
appoint agents or engage persons under contracts for
services to provide professional, technical or other assistance to the
Authority; and
(j)
participate in any business arrangement or acquire, hold or dispose of shares,
units or other interests in, or relating to, a business arrangement; and
(k)
carry out any investigation, survey, exploration or feasibility study; and
(l)
collaborate in, carry out, or procure the carrying out of, research or publish
information that results from research; and
(m)
develop and turn to account any technology, software or other intellectual
property that relates to the function and, for that purpose, apply for, hold,
exploit and dispose of any patent, patent rights, copyright or similar rights;
and
(n)
promote and market the Authority and its activities.
(3) Subsection (2)
does not limit subsection (1) or other powers of the Authority under this Act
or any other written law.
(3A) Subsections (1)
and (2) have effect subject to the GTE Act.
(4) A contract or
arrangement under subsection (2)(c) or (j) may, with the consent of the owner
and the occupier, relate to land that is not vested in, or held in fee simple
by, the Authority or dedicated to the purposes of this Act.
(4a) The Authority may
—
(a) make
gifts for charitable purposes or for other purposes of benefit to the
community or a section of the community;
(b) make
any ex gratia payment that the board considers to be in the Authority’s
interest;
(c)
accept any gift, devise or bequest if it is absolute, or subject to conditions
that are within the functions of the Authority.
(5) In this section
—
business arrangement means a company, a
partnership, a trust, a joint venture, or an arrangement for sharing profits;
participate includes form, promote, establish,
enter, manage, dissolve, wind up, and do things incidental to participating in
a business arrangement;
person includes a public authority, local
government, regional local government or regional subsidiary.
[Section 17 amended: No. 14 of 1996 s. 4; No. 60
of 1998 s. 10; No. 67 of 2004 s. 17; No. 26 of 2016 s. 96; No. 13 of 2023 s.
288.]
[ 17A-17C. Deleted: No. 13 of 2023 s. 289.]