Body corporate

(1) The Authority 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 fulfilment of its objectives. (2) The Authority may sue and be sued in its corporate name and shall for all purposes be described by that name. (3) The seal of the Authority shall be authenticated by the signatures of the Chairperson of the Board or the Chief Executive Officer and one other Director 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 Authority, other than those required by law to be made under seal, shall be signified under the hand of the Chairperson of the Board or the Chief Executive Officer, and one other Director authorized by the Board to act for that purpose. 8 (5) The Authority shall have its principal office in Belize City or at such other place in Belize as the Board may decide. (6) The Authority may establish regional or local offices in any locations within Belize as it considers necessary.