3.—(1) The Authority may do anything that appears to it to be conducive or incidental to the discharge of its functions.
(2) In particular the Authority may—
(a)enter into agreements;
(b)subject to section 5, acquire or dispose of property;
(c)borrow money;
(d)subject to the approval of the Department, form bodies corporate or acquire or dispose of interests in bodies corporate;
(e)accept gifts;
(f)invest money;
(g)carry out, or commission or assist in the carrying out of, research;
(h)co-operate with, or provide advice to, other bodies established by or under a statutory provision.