SCHEDULE 1SNLS

General powersS

11(1)NLS may do anything which appears to it—S

(a)to be necessary or expedient for the purpose of, or in connection with, the exercise of its functions,

(b)to be conducive to the exercise of its functions.

(2)In particular, NLS may—

(a)enter into contracts,

(b)with the approval of the Scottish Ministers, acquire and dispose of land,

(c)borrow money from the Scottish Ministers or, with the approval of the Scottish Ministers, from other persons,

(d)enter into any business or undertaking,

(e)form, promote or acquire (whether alone or with others) companies (within the meaning of the Companies Act 2006 (c.46)),

(f)enter into joint ventures with others,

(g)undertake or execute any charitable trust,

(h)invest sums not immediately required in relation to the exercise of its functions,

(i)accept gifts of money and other property,

(j)obtain advice or assistance from any person who, in NLS's opinion, is qualified to give it,

(k)carry out or commission research,

(l)issue publications,

(m)make charges for access to the collections,

(n)make other charges in connection with the exercise of its functions (including charges for the provision of goods and services).

(3)For the purposes of sub-paragraph (2)(g), a trust is a charitable trust if all its purposes are within section 7(2) of the Charities and Trustee Investment (Scotland) Act 2005 (asp 10).