(1) The Council is a body corporate, with perpetual succession and a common seal, and, except as provided in this Act, has—
(a) All the rights, powers, and privileges of a natural person; and
(b) The power to do any other thing it is authorised to do by—
(i) This Act; or
(ii) Any other enactment; or
(iii) Any rule of law.
(2) The Council shall not exercise any of its rights, powers, or privileges except for the purpose of performing its functions.
(3) Sections 153 to 156 of the Crown Entities Act 2004 apply to the Council as if it were a Crown entity within the meaning of that Act.
Section 31 was substituted, and sections 31A and 31B were inserted, as from 23 July 1990, by section 50(1) Education Amendment Act 1990 (1990 No 60).
Subsection (3) was substituted, as from 21 December 1992, by section 42 Public Finance Amendment Act 1992 (1992 No 142).
Subsection (3) was substituted, as from 25 January 2005, by section 37(1) Public Finance Amendment Act 2004 (2004 No 113).