Other powersS
This section has no associated Explanatory Notes
15An authority may—
(a)enter into contracts,
(b)carry on any business or undertaking,
(c)form or promote (whether alone or with others) companies [F1 under the Companies Act 2006],
(d)form partnerships with other persons,
(e)accept gifts or contributions,
(f)invest sums not immediately required in relation to the exercise of its functions.
Textual Amendments
F1Words in Sch. 2 para. 15(c) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 186 (with art. 10)