Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An R&D Corporation has power to do all things necessary or convenient to be done for, or in connection with, the performance of its functions and, in particular, may:
(a) enter into agreements under section 13 for the carrying out of R&D or marketing activities by other persons; and
(b) enter into agreements under section 14 for the carrying out of R&D or marketing activities by the Corporation and other persons; and
(c) make intellectual property and other applications, including joint applications, in relation to the results of research and development; and
(d) deal with the results of research and development vested in, or made available to, the Corporation or the Corporation and other persons; and
(e) make charges for work done, services rendered, and goods and information supplied, by it; and
(f) accept gifts, grants, bequests and devises made to it, and act as trustee of money and other property vested in it on trust; and
(g) acquire, hold and dispose of real and personal property for the purposes of this Act; and
(h) join in the formation of a company; and
(j) do anything incidental to any of its powers.