4

1 Subject to sub-paragraph (4), the corporation may do anything which appears to it to be necessary or expedient for the purpose of or in connection with the discharge of its functions. 2 That includes, in particular— a entering into contracts, b charging for goods or services, c investing sums not immediately required in relation to the discharge of its functions, and d accepting gifts. 3 The corporation may sell goods or provide services, and may make arrangements for the sale of goods or provision of services, to the public. 4 The corporation may borrow sums in sterling by way of overdraft or otherwise for the purpose of meeting a temporary excess of expenditure over sums otherwise available to meet that expenditure. 5 The corporation may borrow money only under sub-paragraph (4) and may borrow under that sub-paragraph only in accordance with the special or general approval of the Parliament.