# National Institutions Measure 1998, Paragraph 14


(1) It shall be within the capacity of the Council as a statutory corporation, in so far as its objects permit to do all such things and enter into all such transactions as are incidental or conducive to the discharge of its functions.
(2) Without prejudice to the foregoing, the powers of the Council shall include power to acquire or dispose of any property and to borrow money.

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Source: https://www.legislation.gov.uk/ukcm/1998/1/schedule/1/paragraph/14 (the official version)
Page: https://openlegislation.uk/national-institutions-measure-1998/schedule-1/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.