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11(1)The Bòrd may do anything (whether in Scotland or elsewhere) which is conducive or incidental to the exercise of its functions, and may in particular—
(a)engage in any business or undertaking,
(b)form, promote or acquire (whether alone or with others) companies (within the meaning of the Companies Act 1985 (c. 6)),
(c)form partnerships with others,
(d)with the consent of the Scottish Ministers, establish or take part in the setting up of organisations having functions similar to the functions of the Bòrd,
(e)enter into contracts,
(f)make grants and loans,
(g)make charges for the provision of advice or other services in such circumstances and of such amounts as the Bòrd may, with the consent of the Scottish Ministers, determine,
(h)accept gifts of money or other property,
(i)invest sums not immediately required in relation to the exercise of its functions,
(2)Sub-paragraph (1)(g) does not entitle the Bòrd to make charges for the provision of advice and assistance to relevant public authorities under section 8(9).
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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