Cross-Border Road Transport Act, 1998 (Act No. 4 of 1998)Part 3 : Cross-Border Road Transport Agency4. Establishment of Agency |
(1) | A juristic person, known as the Cross-Border Road Transport Agency, is hereby established. |
(2) | Subject to the provisions of this Act, the Agency is capable in law of instituting, defending or opposing legal proceedings of whatever nature, of purchasing or otherwise acquiring, holding and alienating or otherwise disposing of movable or immovable property or any other real right or interest, of entering into contracts or doing such other things as juristic persons may by law perform and do. |
(3) | The Agency may perform all such acts and do such things as are reasonably necessary for or ancillary, incidental or supplementary to the performance of its advisory, regulatory, facilitatory and law enforcement functions as contemplated in this Act. |