305 Functions of licensing trust


The functions of a licensing trust are to—


sell and supply alcohol; and


establish and operate premises for—


the sale and supply of alcohol; and


the provision of accommodation for travellers; and


the sale and supply of food and refreshments; and


carry on any other business that, in the trust’s opinion, can be conveniently carried on in conjunction with the functions set out in paragraphs (a) and (b).


For the purpose of performing its functions, a licensing trust may—


do anything that a natural person may do; and


issue debt securities.

Compare: 1989 No 63 s 187; 2004 No 115 ss 17, 18