Safeguarding Vulnerable Groups Act 2006

This sectionnoteType=Explanatory Notes has no associated

15(1)In connection with the exercise of any of its functions IBB may—E+W+N.I.

(a)enter into contracts and other agreements (whether legally binding or not);

(b)acquire and dispose of property (including land);

(c)borrow money;

(d)do such other things as IBB thinks necessary or expedient.

(2)The power conferred by sub-paragraph (1)(b) includes accepting—

(a)gifts of money, and

(b)gifts or loans of other property,

on such terms as IBB thinks appropriate.

(3)But IBB may exercise the power conferred by sub-paragraph (1)(b) or (c) only with the consent of the Secretary of State.

(4)Such consent may be given—

(a)with respect to a particular case or with respect to a class of cases;

(b)subject to such conditions as the Secretary of State thinks appropriate.