Section 3: Powers of the Council.

(1) Subject to subsection (2) of this section and to any directions given to the Council under this Act the Council shall have power to do anything which in its opinion is calculated to facilitate the carrying out of its activities under this Act.
(2) The Council shall, with the prior consent of the Minister, have power to borrow money, acquire or dispose of any property and shall have power to pay remuneration (including pensions), allowances or expenses to any member, officer or servant of the Council or to any other person in accordance with scales approved by the Council.