Section 15

The Corporation shall have power to do anything and to enter into any transaction (whether or not involving expenditure, borrowing, granting of loans or guarantees or investment of money in accordance with the provisions of this Ordinance in that behalf, the acquisition of any property or rights or, subject to section 19, the disposal of any property or rights) which in its opinion is calculated to facilitate the proper discharge of its functions, or is incidental or conducive thereto.

Power to appoint committees