Incorporation, etc.
4.—(1)  The Board shall be a body corporate with perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire and dispose of property, both movable and immovable, and may sue and be sued in its corporate name and perform such other acts as bodies corporate may by law perform.
[35/73; 11/82]
(2)  (Deleted by Act 3/91).
(3)  The Board may appoint a person or persons or corporation to be its agents or correspondents for the purposes of this Act.
(4)  No resolution or decision taken by the Board and no other act or thing made or done by the Board or any officer or employee of the Board in the exercise of any right or power or in the performance of any duty conferred or imposed upon the Board, or upon such officer or employee, under or by virtue of the provisions of this Act shall be invalid by reason only that the same was not taken, made or done within Singapore.