Capacity of the corporation

The corporation shall have full power to, (a) acquire and hold within Belize by purchase, devise or otherwise all property of whatever nature, including without limitation lands, tenements and hereditaments, and all personal estate, and to assign, convey, demise or otherwise dispose of such property; (b) borrow and take up at interest any sum or sums of money for the purpose of raising, erecting or improving, or aiding in the raising, erection or improving of lands, colleges, schools, dwelling-houses or other buildings, and for that purpose to mortgage by deed under the said corporate seal such potions of its property as may be necessary for securing the repayment of such moneys, with interest thereon; (c) take, hold, control, employ and invest all such real and personal estate as it deems advisable, but only for the purposes of the College; (d) organize, maintain, carry on, foster, promote and contribute to the support of education, training, schools and colleges; and (e) do all other things deemed necessary, convenient or expedient to the accomplishment of any and all of the powers aforesaid.