Reconstitution of Board
3.  As from 1st April 2001, the Board shall continue in existence and shall continue to be a body corporate with perpetual succession and capable of —
(a)suing and being sued in its corporate name;
(b)acquiring, owning, holding and developing or disposing of property, both movable and immovable; and
(c)doing and suffering such other acts or things as bodies corporate may lawfully do and suffer.