3. Establishment of Institute of Brunei Technical Education

There is hereby established an institute to be known as the Institute of

Brunei Technical Education, which shall be a body corporate with perpetual succession and a common seal and shall, by that name, be capable of —

suing and being sued;

acquiring, owning, holding or disposing of property, both movable and immovable; and

doing all such other acts as bodies corporate may lawfully do.