| (1) |
The Board may do all that is necessary or expedient to perform its function effectively, which includes the power to- |
| (a) |
determine its own staff establishment subject to section 20 (2), and appoint employees in posts on the staff establishment having due regard to available funds; |
| (b) |
obtain, by agreement, the services of any person, including any organ of state, for the performance of any specific act or function; |
| (c) |
acquire or dispose of any right in or to property, but ownership in immovable property may be acquired or disposed of only with the consent of the Minister; |
| (d) |
open and operate its own bank accounts; |
| (e) |
insure itself against any loss, damage or risk; |
| (f) |
perform legal acts, including acts in association with or on behalf of any other person or organ of state; |
| (g) |
institute or defend any legal action; |
| (h) |
collect and disseminate relevant information; and |
| (i) |
do anything that is incidental to the exercise of any of its powers. |
| (2) |
The Board may not borrow money. |
| (3) |
The Board may require a municipality that may reasonably be affected by a boundary determination in terms of section 21, to provide the Board or any of its committees with facilities, available to that municipality, for the holding of meetings. |
[Date of commencement of section 5 is 3 July 1998.]
Housing Development Agency Act, 2008
