10 (1) The Trust may, in accordance with the policies and priorities determined by the Minister for the conservation, protection and preservation of the heritage of Ontario, (a)  receive and acquire by purchase, donation, lease, public subscription, grant, bequest or otherwise, property of historical, architectural, archaeological, recreational, aesthetic, natural and scenic interest for the use, enjoyment and benefit of the people of Ontario; (b)  hold, preserve, maintain, reconstruct, restore, manage and lease for a term of five years or less property described in clause (a) for the purposes described in that clause; (c)  enter into agreements, covenants and easements with owners of real property or interests in real property for the conservation, protection and preservation of the heritage of Ontario; (d)  borrow money for the purpose of carrying out the objects of the Trust where a guarantee is provided under section 18; (e)  conduct and arrange exhibits or other cultural or recreational activities to inform and stimulate the interest of the public in historical, architectural and archaeological matters; (f)  enter into agreements with prospective donors, subject to any conditions governing the use of property; (g)  enter into agreements with persons respecting any matter within the objects of the Trust, and provide financial assistance by way of grant or loan to persons who are parties to such agreements for the purpose of, (i)  providing educational, research and communications programs, (ii)  maintaining, restoring and renovating property, and (iii)  providing for the management, custody and security of property; (h)  invest its funds, and sections 26 to 30 of the Trustee Act apply, with necessary modifications, to the investment of those funds; (i)  engage the services of experts and other persons; (j)  undertake programs of research and documentation of matters relating to the heritage of Ontario and cause information to be compiled and studies to be undertaken; (k)  with the consent of the owner of property, place markers, signs, cairns or other interpretive facilities in or on the property for the interest and guidance of the public; (l)  provide assistance, advisory services and training programs to individuals, institutions, agencies and organizations in Ontario having similar aims and objectives as the Trust.  2009, c. 33, Sched. 11, s. 6 (1). Minister’s approval for sale of Trust property (2) The Trust may, in accordance with the policies and priorities determined by the Minister for the conservation, protection and preservation of the heritage of Ontario, and with the approval of the Minister, dispose of property by sale, by lease for a term of more than five years or by any other manner and execute any deeds or other instruments as may be required to effect the disposal, subject to the terms of any trust in connection with the property.  2009, c. 33, Sched. 11, s. 6 (1). Minister’s right to exercise Trust’s powers (3) Despite subsections (1) and (2), the Minister may exercise any of the powers of the Trust referred to in subsections (1) and (2) if, in the Minister’s opinion, it is necessary in order to ensure the carrying out of the intent and purpose of this Act.  2009, c. 33, Sched. 11, s. 6 (1). Section Amendments with date in force (d/m/y) 1998, c. 18, Sched. B, s. 10 - 01/07/1999 2002, c. 18, Sched. A, s. 14 - 29/06/2001 2005, c. 6, s. 8
- 28/04/2005 2009, c. 33, Sched. 11, s. 6 (1) - 15/12/2009