Western Australian Current Acts

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GOLD CORPORATION ACT 1987 - SECT 50

50 .         Powers of GoldCorp

        (1)         GoldCorp has power to do all things necessary or convenient for the purpose of carrying out its functions under this Act, subject to this Act.

        (2)         Without limiting the generality of subsection (1), GoldCorp may —

            (a)         hold, borrow, lease, buy or otherwise acquire and sell, lend, lease or otherwise dispose of gold coins and other things containing or associated with gold;

            (b)         acquire, hold and dispose of real and personal property;

            (c)         borrow, lend and invest money, with the approval of the Treasurer but not otherwise; and

            (d)         form or establish subsidiaries or appoint agents in Australia and elsewhere for the purposes of marketing internationally things containing or associated with gold.

        [Section 50 amended: No. 10 of 1990 s. 26.]



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