Section 3

The Rubber Association of Singapore is hereby constituted a body corporate by the name “The Rubber Association of Singapore” and by that name has perpetual succession.

The Association shall have a common seal, which may from time to time be broken, changed, altered and made anew as to the Association seems fit.

The Association may enter into contracts, may sue and be sued in its corporate name and may acquire, purchase, lease, take, hold and enjoy movable and immovable property of every description, and may sell, exchange, convey, assign, surrender and yield up, mortgage, demise, reassign, transfer or otherwise dispose of or deal with any movable and immovable property vested in it upon such terms as to it shall seem fit.

All deeds, documents and other instruments requiring the seal of the Association shall be sealed with the seal of the Association pursuant to a resolution of the Committee to that effect in the presence of the Chairman or a Deputy Chairman or some other member of the Committee authorised by the Committee to act in that behalf and of the secretary, who shall sign every such deed, document or instrument to which the seal is affixed, and such signing shall, without further attestation, be sufficient evidence that the seal was duly and properly affixed and that it is the lawful seal of the Association.

Notwithstanding subsection (4), where the seal of the Association is required to be affixed to a certificate of origin endorsed by the Association the seal may in such case be affixed in the presence only of the secretary or in the presence of any other person authorised in this behalf by the Association without a resolution of the Committee.