11. For the purpose of giving effect to the provisions of this Act, the Council may, where it considers it necessary or expedient —
enter into contracts;
acquire, purchase, take, hold and enjoy movable and immovable property of every description;
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;
borrow money at interest on the security of any corporate land or of any funds of the Polytechnic;
do all other matters and things incidental or appertaining to a body corporate.