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Article K1 Subsidiary powers of the Authority

Original text. Later amendments are not shown.

(1)

Without prejudice to any powers exercisable apart from this article but subject to the provisions of this Order and any other enactment passed before or after this Order, the Authority shall have power to do any thing (whether or not involving the expenditure, borrowing or lending of money or the acquistion or disposal of any property or rights) which is calculated to facilitate, or is conducive or incidental to, the discharge of any of its functions.

(2)

The Authority shall not by virtue of this article raise money, whether by means of levying or borrowing, or lend money except in accordance with the enactments relating to those matters respectively.