Section 12

enter into such contracts as may be necessary or expedient for the purpose of discharging its functions, objects or duties;

with the approval of the Minister, acquire and hold such movable or immovable property as may be necessary or expedient for carrying into effect the provisions of this Act and for the same purposes may sell, lease, mortgage, or otherwise alienate or dispose of any property so acquired;

with the approval of the Minister, form or participate in the formation of any company, partnership or joint venture as a shareholder or partner or in any other capacity and to share profits;

provide technical, consultancyor advisory services to the Government or to any other person or body in Singapore or elsewhere on any matter related to or connected with the functions, objects or duties of the Authority;

become a member or affiliate of any international body the functions, objects or duties of which are similar to those of the Authority;

charge fees or commissions for services rendered by the Authority or for the use of any of its facilities;

receive donations, grants, gifts, subsidies and contributions from any source, and raise funds by all lawful means;

publish or sponsor the publication of works concerning any matter related to the functions, objects or duties of the Authority;

grant loans to officers or employees of the Authority for any purposes specifically approved by the Authority as are likely to increase the efficiency of its officers or employees;

provide recreational facilities and promote recreational activities for, and activities conducive to, the welfare of officers or employees of the Authority and members of their families; and

provide training for employees of the Authority and to award scholarships or otherwise pay for such training.