4. Establishment of Authority

There is hereby established a body to be known as the Maritime and

Port Authority of Brunei Darussalam 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 and developing or disposing of property, both movable and immovable; and

doing such other acts or things as bodies corporate may lawfully do.