The Institute may for the purpose of performing its duties—
| (b) |
obtain, by agreement, the services of any person, including any organ of state, for the performance of any specific act, task or assignment; |
| (c) |
acquire or dispose of any right in or to movable or immovable property, or hire or let any property; |
| (d) |
open and operate its own bank accounts; |
| (e) |
establish a comp-my which has as its object the production and supply of goods or the rendering of services on behalf of the Institute, subject to the Public Finance Management Act; |
| (f) |
invest any of its money, subject to section 32; |
| (g) |
borrow money, subject to section 66 of the Public Finance Management Act; |
| (ii) |
for any work performed or services rendered by it, except for any such work performed or services rendered in terms of section 11(1)(m), (n) or (o); or |
| (iii) |
for access to the results of, or to other information in connection with, any research performed by it; |
| (i) |
collect royalties resulting from any discoveries, inventions or computer programmes; |
| (j) |
insure itself against— |
| (i) |
any loss, damage or risk; or |
| (ii) |
any liability it may incur in the application of this Act; |
| (k) |
perform legal acts, including acts in association with, or on behalf of, any other person or organ of state; and |
| (l) |
institute or defend any legal action. |
Tourism Act, 2014
