Local Government (Scotland) Act 1973

7 The Commission shall have power generally to do such acts as may appear to them to be necessary or expedient for the proper discharge of their functions and, without prejudice to the generality of the foregoing provision, the Commission may—

(a) borrow, on the security of any property belonging to them, any money necessary for tide purpose of meeting any expenses incurred by them in or in connection with the discharge of their functions;

(b) acquire such property (whether heritable or moveable) as may, in the opinion of the Commission, be necessary or desirable for the discharge of any of their functions, and dispose as they think fit of any property so acquired.