On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 15/12/2004.
11. 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, reassign, transfer or otherwise dispose of any movable or immovable property vested in the Polytechnic upon such terms as the Council considers fit;
(d)
borrow money at interest on the security of any corporate land or of any funds of the Polytechnic;
(e)
invest the funds of the Polytechnic in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act (Cap. 1); and
(f)
do all other matters and things incidental or appertaining to a body corporate.
[9
[4/82]