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The Authority may exercise the following powers:

(a) enter into a contract for the supply of goods and services;

(b) invest the funds of the Authority that are not immediately required for the performance of its functions and ensure the judicious use of the funds;

(c) publish information that is relevant to its functions and activities in a manner that it considers appropriate;

(d) promote and where necessary fund the training of persons for the communications industry;

(e) undertake research and development work related to its functions; and

(f) promote research and the development by other persons of the communications industry.