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1 1999



The Trade and Business Body

“the Body”.

18. —In this Part “the Body” shall be construed in accordance with section 19 .

Status of Body.

19. —(1) The implementation body for trade and business development established by the Agreement and known as The Trade and Business Development Body is referred to in this Part as “the Body”.

(2) The Body shall be recognised as, and as having all the attributes of, a body corporate, including perpetual succession, the power to acquire, hold and dispose of land or other property and the power to sue.

(3) The Body may be sued in its corporate name.

Functions of Body.

20. —(1) The functions of the Body shall, in accordance with paragraph 1 of Article 2 of the Agreement, be those specified in Part 3 of Annex 1 to the Agreement.

(2) The arrangements specified in Parts 3 and 7 of Annex 2 to the Agreement shall, in accordance with paragraph 2 of Article 2 of the Agreement, apply to the Body.

(3) Paragraph 1 of Article 3 of the Agreement shall apply to the Body.