(1)The Council may do anything which appears to it to be necessary or expedient for the purpose of or in connection with the exercise of its other functions.
(2)In particular it may—
(a)acquire and dispose of land and other property;
(b)enter into contracts;
(c)invest sums not immediately needed for the purpose of exercising its other functions;
(d)accept financial resources (whether as gifts or otherwise);
(e)accept gifts of land and other property.
(3)But the Council has no power—
(a)to borrow money;
(b)to lend money unless the Secretary of State consents;
[F1(c)to form, participate in forming or invest in a company unless the Secretary of State consents;
(d)to form, participate in forming or otherwise become a member of a charitable incorporated organisation (within the meaning of section 69A of the Charities Act 1993) unless the Secretary of State consents. ]
(4)The Secretary of State may by order confer or impose on the Council such supplementary powers or duties relating to the provision of post-16 education or training as he thinks fit.
(5)For the purposes of subsection (4) a power or duty is supplementary if—
(a)it is exercisable in connection with functions of the Secretary of State, and
(b)it is relevant to the provision of facilities for post-16 education or training.
[F2(6)The Secretary of State may by order confer or impose on the Council such powers or duties falling within subsection (7) as he thinks fit.
(7)A power or duty falls within this subsection if it is exercisable in connection with—
(a) the Secretary of State's function under section 509AA(9) of the Education Act 1996 (power to direct LEA to make arrangements additional to those specified in transport policy statement), or
(b)any function of the Secretary of State under any of sections 496 to 497B of the Education Act 1996 as regards anything done, proposed to be done or omitted to be done by a local education authority in England under section 509AA or 509AB of that Act.]
[F3(8)The reference in this section to investing in a company includes a reference to becoming a member of the company and to investing in it by the acquisition of any assets, securities or rights or otherwise.]
Textual Amendments
F1S. 18(3)(c)(d) substituted for s. 18(3)(c) (23.10.2007) by Further Education and Training Act 2007 (c. 25), ss. 9(2), 32(1)
F2S. 18(6)(7) inserted (1.4.2007) by Education and Inspections Act 2006 (c. 40), ss. 83(4), 188(3); S.I. 2007/935, art. 5(o)
F3S. 18(8) inserted (23.10.2007) by Further Education and Training Act 2007 (c. 25), ss. 9(3), 32(1)
Modifications etc. (not altering text)
C1S. 18 modified (23.10.2007) by Further Education and Training Act 2007 (c. 25), ss. 9(4), 32(1)