Singapore legislation
Section 7
Section 7
Establishment and incorporation of Productivity Fund Administration Board
A body called the Productivity Fund Administration Board is established, which is a body corporate with perpetual succession and is, by that name, capable of —
(a)
suing and being sued;
(b)
acquiring, owning, holding and developing or disposing of property, both movable and immovable; and
(c)
doing and suffering any other acts or things that bodies corporate may lawfully do and suffer.