Section 9: Powers of the Agency.

In pursuance of section 9 of this Act, the Agency shall have power to-(a) purchase, hire or otherwise acquire movable or immovable property, and alienate, let, pledge or otherwise encumber such property, subject to the approval of the Minister;
(b) award grant, bursaries or loans for research, and make monetary contributions for research programmes in support of its own manpower requirements in areas of geological and mineral investigations ;
(c) provide, hire or let services to public and private institutions or any other persons against payment ;
(d) produce and sell reports, maps, computer programmes and such other articles on which intellectual property has been conferred on the Agency and through which the Agency generates income in the course of its research ;
(e) institute, manage or cause to be managed a pension fund for employees of the Agency, subject to the approval of the Minister ; and
(f) do such other things as are necessary for the successful performance of its functions under this Act.