14. The board may do anything useful for the achievement of its aims and may in particular:
(a) acquire, lease, own, improve, maintain and administer immoveables and alienate them;
(b) make loans by notes, bonds or other obligations, at such rates of interest and on such other conditions as are determined by the Gouvernement.
(c) with the approval of the Gouvernement, lend money toward the holding of the Twenty-first Olympic Games;
(d) make by-laws for its internal management.
A by-law of the board shall come into force on being adopted, and shall remain in force unless and until disapproved by the Gouvernement.
The secretary of the board shall cause a copy of every by-law of the Conseil exécutif upon its adoption.
1975, c. 72, s. 14; 1977, c. 5, s. 14.