Legal representation of the Institute

(1) The Institute shall be a body corporate having perpetual succession and a common seal, and subject to the provisions of this Act shall have power to acquire, hold and dispose of movable and immovable property of any kind, to enter into contracts, and to exercise any of the functions entrusted to it by or in accordance with the provisions of this Act, and discharge any duties incidental or ancillary to, or consequential upon, the performance of its functions. (2) The Institute may sue or be sued in its corporate name and shall for all purposes be described by that name. (3) The seal of the Institute shall be authenticated by the signatures of the Chairperson and one other Director authorised by the Board to act for that purpose, and shall not be a fixed except by the authority of a resolution of the Board, and the seal thus authenticated shall be judicially and officially noticed. (4) All documents made by the Institute other than those required by law to be made under seal shall be signified under the hand of the Chairperson and one other Director. 10 (5) The Institute shall have its principal office at such place in Belize as the Board may decide, and may establish foreign offices and other offices within Belize as it considers necessary.