S.L. 524.1 Art. 3Legal personality and representation of the Authority.

(1) The Authority shall be a body corporate having a distinct legal personality and shall be capable, subject to the provisions of the Act, of entering into contracts, of acquiring, holding and disposing of any kind of property for the purposes of its functions, of suing and being sued, and of doing all such things and entering into all such transactions as are incidental or conducive to the exercise or performance of its functions under the Act and, or these regulations.

(2) The legal representation of the Authority shall jointly vest in the Chairman and the Chief Executive Officer; Provided that, the Authority may appoint any one or more of its members, or of the officers or employees of the Authority, to appear in the name and on behalf of the Authority in any judicial proceedings and on any act, contract, instrument or other document whatsoever.

(3) Any document purporting to be an instrument made, or issued by, the Authority and signed by the Chairman or by the Chief Executive Officer shall be received in evidence and shall, until the contrary is proved, be deemed to be an instrument made, or issued by, the Authority.