(1) In addition to any other powers conferred on it by this Act, ARENA has, subject to this Act, power to do all things necessary or convenient to be done for or in connection with the performance of its functions.
(2) Without limiting the generality of subsection (1), the powers include, subject to this Act, power:
(a) to enter into contracts; and
(b) to acquire, hold and dispose of real and personal property; and
(c) to accept, otherwise than on trust, gifts, devises, bequests or other payments of money.