# European Union (Withdrawal Agreement) Act 2020, Paragraph 34


(1) Subject to sub-paragraph (2), the IMA may do anything which it thinks necessary or expedient for the purposes of, or in connection with, the exercise of its functions.
(2) The IMA may not—
(a) borrow money;
(b) accept gifts of money, land or other property.

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Source: https://www.legislation.gov.uk/ukpga/2020/1/schedule/2/paragraph/34 (the official version)
Page: https://openlegislation.uk/european-union-withdrawal-agreement-act-2020/schedule-2/paragraph-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.