s.3Establishment of the Airports Authority and vesting of property
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Section 3Part 2 — Establishment and Administration of Airports Authority

Establishment of the Airports Authority and vesting of property

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There is established the Cayman Islands Airports Authority having the functions conferred upon it by this Law and any other law.
The Authority shall be a body corporate having perpetual succession and a common seal and, subject to the provisions of this Law, shall have power to buy, sell, hold, deal and otherwise acquire and dispose of land and other property of any kind and to enter into contracts and to do all things necessary or desirable for the purposes of its functions.
The Authority may sue and be sued in its corporate name and it shall have exclusive right to use the name "The Cayman Islands Airports Authority".
The Authority shall establish and maintain its head office and principal place of business within the Islands, and shall cause details thereof to be gazetted, and service of all documents on the Authority shall be deemed to be effective if delivered at the head office.
The property belonging to the CAA specified in the First Schedule shall, on the 15th June, 2004, vest in the Authority without further assurance.
The Governor may, under section 9 of the Governor (Vesting of Lands) Law (2005 Revision), make to the Authority a disposition of the property belonging to the Governor specified in the Second Schedule.

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