24 Power to enter into contracts.

24  Power to enter into contracts.

(1)     A university or college—

(i)     may contract to make any sale, exchange, mortgage, charge or other disposition authorised by this Act; and

(ii)     may vary or rescind, with or without consideration, the contract in the like cases and manner in which, if the university or college were absolute owner of the land, it might lawfully vary or rescind the same, but so that the contract as varied be in conformity with this Act; and

(iii)     may contract to make any lease; and in making the lease may vary the terms, with or without consideration, but so that the

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