Body corporate

(l) The EDC shall be a body corporate having perpetual succession and a common seal and subject to the provisions of this Act, shall have the power to acquire, hold and dispose of movable and immovable property of whatever kind, to enter into contracts and agreements and to do all things reasonably necessary or expedient for the attainment of its objectives and proper performance of its functions under this Act. (2) The EDC may sue or be sued in its corporate name and shall for all purposes be described by that name. (3) The seal of the EDC shall be authenticated by the signatures of the Chairperson of the Board or the Executive Director, and one other Director duly authorized by the Board to act for that purpose, and the seal thus authenticated shall be judicially and officially noticed. (4) All documents made by the EDC, other than those required by law to be made under seal, shall be signified under the hand of the Executive Director. (5) The EDC shall have its principal office at such place in Belize as the Board may decide. (6) The EDC may establish regional offices in any location within Belize as it considers necessary. (7) The EDC may enter into technical co-operation agreements with other regional or international organizations with similar objectives.