Section 4 — Authority is body corporate

(1)The Authority —

(a)is a body corporate with perpetual succession;

(b)may acquire, hold and dispose of real and personal property; and

(c)may sue and be sued in its corporate name.

(2)The Authority may use, and operate under, one or more trading names approved by the Minister.

(3)A trading name can be an abbreviation or adaptation of the Authority’s corporate name, or a name other than the Authority’s corporate name.

(4)The Authority must cause notice of every trading name approved under subsection (2) to be published in the Gazette; but failure to do so does not invalidate the approval or use of that name.