Section 6: Powers of Council

6. Powers of Council (1) The Council shall have powers to do all things necessary or convenient to be done, for or in connection with the performance of its functions. (2) Without prejudice to the generality of subsection (1) but subject to this Act, the powers of the Council shall include the power to— (a) enter into such contracts as may be necessary or expedient for the purpose of discharging its functions; (b) borrow such sums of money or raise such loans as it may require for the purpose of discharging its functions; (c) co-operate with, or become a member or an affiliate of, any international body, the objects or functions of which are similar to, or connected with, those of the Council; (d) impose such charges or fees as may be required under this Act; (e) levy such charges or fees as may be reasonable for services and facilities provided by the Council; and (f) issue rules, codes, guidelines and standards relating to financial reporting, accounting, and auditing.