Clause 5

purchase, take on lease, hire, or otherwise acquire any real or personal property which may be deemed necessary or convenient for any of the objects of the Foundation;

sell, manage, lease, mortgage, dispose of, or otherwise deal with, all or any part of the property of the Foundation;

receive any gift of whatsoever nature for one or more of the objects of the Foundation;

take such steps by personal or written appeals, public meetings or otherwise, as may, from time to time, be deemed necessary or expedient by the Board, to obtain funds for the Foundation in the shape of contributions, donations, annual subscriptions or otherwise, and generally raise funds by all lawful means to carry out the objects of the Foundation;

borrow money in such manner as the Board may think fit;

invest the monies of the Foundation not immediately required for its purposes in or upon such investments, securities or property as the Board may think fit, subject nevertheless to such conditions (if any) and such consents (if any) as may, for the time being, be imposed or required by law;

utilise the corpus and income of the Foundation in such manner as the Board may deem fit for the purpose of carrying out the objects of the Foundation;

appoint one or more committees consisting of directors alone or any combination of directors and members (so long as there shall be, in the latter case, on each committee one director who shall be chairman of that committee) for any object, power or purpose set out in this Act (other than the power to borrow money) which, in the opinion of the Board, would be better or more conveniently regulated, managed or carried out by means of a committee; and

do all such other lawful acts or things as are necessary, incidental or conducive to the attainment of the objects of the Foundation.