Fulfilling of functions and purposes

For the purpose of fulfilling its functions and purposes under this Act, the Board may– (a) entertain and deal with applications for licences to cultivate bananas in designated areas; (b) give directions in writing to the Association and the Association shall comply with such directions; (c) provide finance in the form of loans; (d) guarantee loans from other sources; (e) borrow funds for the purposes of the business of the Board from sources either in Belize or abroad and give security for any loans obtained; (f) furnish managerial, technical and administrative advice and assist in obtaining managerial, technical and administrative services for the banana industry; (g) acquire, hold, take or give on loan or hire, mortgage, pledge and sell or otherwise dispose of any immovable or movable (h) open deposit accounts with any bank or financial institution; 9 (i) make appropriate provision for the welfare of employees of the Board and of their dependants; (j) give any guarantee or indemnity to, and enter into any arrangements with, the Government, any local authority, or any body corporate or other person, in order to obtain any rights, concessions and privileges that may seem to the Board to be conducive to any object of the Board; and (k) do all such other things as are incidental or conducive to the attainment of its purposes.