Without derogating from its power generally to perform legal acts as a juristic person, the Board may—
(a) |
with the approval of the Minister open and operate such offices within or outside the Republic which may be necessary for the effective performance of its functions; |
(b) |
with the approval of the Minister, granted with the concurrence of the Cabinet member responsible for finance, borrow money from a money lending institution in the Republic; |
(c) |
insure the Board against— |
(i) |
any loss, damage or risk; |
(ii) |
any liability it may incur in the application of this Act; |
(d) |
employ persons who are necessary for the performance of the functions of the Board; |
(e) |
conclude agreements with organs of state and other persons. |