Section 5
Objects and powers of Polytechnic
of Nanyang Polytechnic Act 1992
(1)
The objects of the Polytechnic are —
to provide instruction and training in engineering, technology, health sciences, commerce and other subjects of learning;
to aid by research and other means the advancement of knowledge and its practical application; and
to promote the exchange of knowledge and skills with business and industry.
(2)
The Polytechnic may —
provide any facilities for its students that it considers desirable;
institute and make appointments to lectureships and other posts and offices and employ any other staff that the Polytechnic considers necessary;
fix, demand and receive fees and other charges;
provide technical and consultancy services to business and industry as it considers desirable;
form or participate in the formation of companies or other undertakings having such objects as the Board may approve;
solicit and receive donations and contributions from any source or raise funds by all lawful means;
give donations and contributions to any person or organisation; and
do all things that may be necessary, incidental or conducive to the attainment of all or any of its objects.
(3)
In subsection (2)(e), “company” —
has the meaning given by section 4(1) of the Companies Act 1967; and (b)includes a foreign company within the meaning of that Act.