Section 3Part 2 — Establishment and Administration of National Roads Authority
Establishment of National Roads Authority and vesting of property
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There is established the National Roads Authority having the responsibilities, functions, powers and duties conferred or imposed upon it by this Act and any other law.
The Authority shall be a body corporate having perpetual succession and a common seal and, subject to this Act, 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 responsibilities, functions, powers and duties.
The Authority may sue and be sued in its corporate name and it shall have exclusive right to use the name "National Roads 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 Government specified in the Schedule shall, on the 1st July, 2004 vest in the Authority without further assurance.