Section 7: Powers of the Board.

The Board shall have power to(a) establish a Technology Hall where indigenously produced and imported technologies relating to agricultural mechanisation can be displayed for the benefit of research fellows, designers, farmers, manufacturers and entrepreneurs;
(b) erect, provide, equip and maintain research centres, training schools with libraries, lecture halls and such other buildings or things as are necessarily suitable or required for any of the objects of the Centre;
(c) encourage and provide for research at the Centre;
(d) accept gifts, legacies and donations which are consistent with the objects of the Centre;
(e) enter into contracts;
(f) acquire and hold movable and immovable property;
(g)
with the approval in writing of the Minister-
(i) subject to the Land Use Act, sell, mortgage, transfer or otherwise deal with immovable property; and
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(ii) sell, mortgage, transfer or otherwise deal with movable property;
(h) with the approval of the Minister, borrow at interest on the security of land or movable property of the Board such moneys as the Board may, from time to time, require for the purposes of this Act;
(i) with the approval of the Minister, invest the funds of the Board as it thinks fit; and
(j) do anything which, in its opinion, may advance the objects of which the Centre was set up.