Document ID: chunk:federal_register_of_legislation:C2025C00027:section:12
Version: federal_register_of_legislation:C2025C00027
Segment Type: section
Provision Reference: s 12
Character Range: 18272–19491

12  Powers
 (1) An R&D Corporation has power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions and, in particular, may:
 (a) enter into agreements under section 13 for the carrying out of research and development activities or marketing activities by other persons; and
 (b) enter into agreements under section 14 for the carrying out of research and development activities or marketing activities by the Corporation and other persons; and
 (c) make intellectual property and other applications, including joint applications, in relation to the results of research and development; and
 (d) deal with the results of research and development vested in, or made available to, the Corporation or the Corporation and other persons; and
 (e) make charges for work done, services rendered, and goods and information supplied, by it; and
 (f) accept gifts, grants, bequests and devises made to it, and act as trustee of money and other property vested in it on trust; and
 (g) acquire, hold and dispose of real and personal property for the purposes of this Act; and
 (h) join in the formation of a company; and
 (j) do anything incidental to any of its powers.