Body corporate

(1) The BELTRAIDE 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 whatever kind and to enter into contracts and do all things necessary for the attainment of its objectives. (2) The BELTRAIDE may sue or be sued in its corporate name and shall for all purposes be described by that name (3) The seal of the BELTRAIDE shall be authenticated by the signatures of the Chairman 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 BELTRAIDE, other than those required by law to be made under seal, shall be signified under the hand of the Chairman or the Executive Director. (5) The BELTRAIDE shall have its principal office at such place in Belize as the Board may decide, and may establish Belize Trade and Investment Development Service [CAP. 282 9 foreign offices and other offices within Belize as it considers necessary.