(1) Without limiting the generality of section 4(1), Public Trust shall have power:
(b) upon and subject to such terms and conditions (if any) as it thinks fit, to sell, exchange, or otherwise deal with any personal property forming part of the Estate:
(d) upon and subject to such terms and conditions (if any) as it thinks fit, to purchase, bail, or otherwise acquire, for the objects for which it holds the Estate, any personal property:
(e) to erect, add to, alter, or dismantle, any building or other work or improvement situated on land forming part of the Estate:
(f) to maintain and keep in good order, repair, and condition, all buildings and other works and improvements forming part of the Estate:
(h) to make payments to or subsidise the National Provident Fund, or any fund or scheme established with the approval of the Minister, for the purpose of providing superannuation or retiring allowances for persons appointed under paragraph (g):
(i) to insure any part of the Estate against public liability, loss or damage by fire or earthquake, or any other risk, insurance against which it thinks necessary or desirable:
(j) with the prior approval of the Minister, to do any other act or thing that is necessary, expedient, incidental, or conducive to the objects for which Public Trust holds the Estate.
(2) Every lease of land forming part of the Estate shall be made in accordance with the Public Bodies Leases Act 1969; and, for the purpose, Public Trust shall, in respect of all such land, be deemed to be a leasing authority within the meaning of that Act.
Compare: 1919 No 14 ss 3, 4
Section 5 heading: amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(1): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(1)(b): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(1)(d): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(1)(g): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(1)(i): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(1)(j): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).
Section 5(2): amended, on 1 March 2002, by section 170(1) of the Public Trust Act 2001 (2001 No 100).