Singapore legislation

Clause 9

Powers of the Council

For the purpose of giving effect to the provisions of this Act, the Council may, where it considers it necessary or expedient —

(a)

enter into contracts;

(b)

acquire, purchase, take, hold and enjoy movable and immovable property of every description;

(c)

sell, convey, assign, surrender and yield up, mortgage, demise, re-assign, transfer or otherwise dispose of any movable or immovable property vested in the Council upon such terms as to the Council seems fit;

(d)

borrow money at interest on the security of any corporate land or of any funds of the Council;

(e)

invest the funds of the Council; and

(f)

do all other matters and things incidental or appertaining to a body corporate.

Read in full context — Ngee Ann College Bill →