Paragraph 15 Other powers
An authority may—
(a)
enter into contracts,
(b)
carry on any business or undertaking,
(c)
form or promote (whether alone or with others) companies F1 under the Companies Act 2006,
(d)
form partnerships with other persons,
(e)
accept gifts or contributions,
(f)
invest sums not immediately required in relation to the exercise of its functions.
Annotations
Textual amendments
- F1
Words in Sch. 2 para. 15(c) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 186 (with art. 10)