3. Powers
In furtherance of its objects, the DRIP shall have the following powers:
(a) To purchase, acquire a land or build, take on lease, hire, or otherwise acquire, any property or rights which are suitable for the DRIP activities.
(b) To improve, manage, develop, or otherwise deal with, all or any part of the property and rights of the DRIP.
(c) To sell, let, hire out, license, or otherwise dispose of, all or any part of the property and rights of the DRIP.
(e) To employ such staff as are considered appropriate for the proper conduct of the DRIP activities, and to make reasonable provision for the payment of pension and/or other benefits for members of staff, ex-members of staff and their dependants.
(f) To engage such consultants and advisers as are considered appropriate from time to time.
(g) To effect insurance of all kinds (which may include officers' liability insurance).
(h) To invest any funds which are not immediately required for the DRIP activities in such investments as may be considered appropriate (and to dispose of, and vary, such investments).
(i) To liaise with other voluntary sector bodies, local authorities, Irish government departments and agencies, and other bodies, all with a view to furthering the DRIP objects.
(j) To establish and/or support any other charitable body, and to make donations for any charitable purpose falling within the DRIP objects.
(k) To form any charitable company with similar objects to those of the DRIP, and, if considered appropriate, to transfer to any such company (without any payment being required from the company) the whole or any part of the DRIP assets and undertaking.
(l) To take such steps as may be deemed appropriate for the purpose of raising funds for the DRIP activities.
(m) To accept grants, donations and legacies of all kinds (and to accept any reasonable conditions attaching to them).
(n) To carry on any other lawful activities which further any of the above objects.
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