Body Corporate

(1) The Fund 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 to do all things necessary for the fulfilment of its objectives. (2) The Fund may sue and be sued in its corporate name and shall for all purposes be described by that name. (3) The seal of the Fund shall be authenticated by the signatures of the Chairperson or the Executive Director and one other Director authorized by the Board of Directors to act for that purpose, and the seal thus authenticated shall be judicially and officially noticed. (4) All documents made by the Fund, other than those required by law to be made under seal, shall be signified under the hand of the Chairperson and the Executive Director or by a Director and the Executive Director. (5) The Fund shall have its principal office in Belmopan City or at such other place in Belize as the Board may decide. 7 (6) The Fund may establish regional or local offices in any location within Belize as it considers necessary. Fund.