SCHEDULES

SCHEDULE 1The ICRIR, the Commissioners and ICRIR officers

PART 1The ICRIR

I1I22Powers

1

The ICRIR may do anything that it thinks necessary or expedient in connection with the exercise of its functions.

2

In particular, the ICRIR may—

a

enter into contracts and other agreements (whether legally binding or not), and

b

acquire and dispose of property (including land).

3

But the ICRIR may not borrow money.

4

The ICRIR may make payments of, or payments towards the provision of, any remuneration, pensions, allowances, gratuities or compensation payable to, or in respect of—

a

the Commissioners, and

b

the ICRIR officers.