Section 50

subject to the regulations made under this Act, invest any moneys in its management fund and in its sinking fund in any manner permitted by law for the investment of trust funds;

borrow moneys and secure the repayment thereof and of any interest in such manner as may be agreed upon by the management corporation and the lender, otherwise than by charging the repayment on the common property;

enter into an agreement with a subsidiary proprietor or occupier of a lot for the provision of amenities or services by it to the lot or to the subsidiary proprietor or occupier thereof;

purchase, hire or otherwise acquire personal property for use by the subsidiary proprietors in connection with their enjoyment of the common property; and

do all things reasonably necessary for the performance of its duties under this Part and for the enforcement of the by-laws set out in the First Schedule.