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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—S
(a)engage in any business or undertaking,
(b)form, promote or acquire (whether alone or with others) companies ([F1as defined in section 1(1) of the Companies Act 2006]F1(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,
(j)commission research.
(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).
Textual Amendments
F1Words in Sch. 1 para. 11(1)(b) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 249 (with art. 10)
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