General incidental function of the Body
9.—(1) The Body may do anything that appears to it to be conducive or incidental to the discharge of its functions.
(2) In particular, the Body may—
(a)enter into agreements;
(b)acquire or dispose of property and carry out such engineering or building operations as it considers appropriate;
(c)subject to the approval of the Welsh Ministers, form bodies corporate or acquire or dispose of interests in bodies corporate;
(d)form charitable trusts;
(e)accept gifts;
(f)invest money.
(3) In this article “engineering or building operations” (“gwaith peirianyddol neu waith adeiladu”), without prejudice to the generality of that expression, includes—
(a)the construction, alteration, improvement, maintenance or demolition of any building or structure or of any reservoir, watercourse, dam, weir, well, borehole or other works, and
(b)the installation, modification or removal of any machinery or apparatus.