Section 3

As from the commencement of this Enactment there shall be constituted the

―Sabah Land Development Board‖ which shall be a body corporate with perpetual succession, capable of suing and being sued in its corporate name and with power to

 In force 15th September 1981 – See G.N. 994/81.

For Reference Only (SAGC) [May 2010]

3

purchase or otherwise acquire, hold, and exchange or alienate or otherwise deal with in any lawful manner whatsoever, any property movable and immovable, and to enter into contracts and generally to do such acts and things as a body corporate may do by law and as are necessary for, or incidental to, the carrying out its objects and the exercise of its powers as set out in this Enactment.

The Board shall have a common seal which shall bear such device as the Board may approve and such seal may from time to time be broken, changed altered and made anew by the Board, as the Board may think fit.

Until a common seal is provided under subsection (2), a stamp bearing the inscription ―The Sabah Land Development Board‖ may be used as the common seal of the

Board.

Composition of Board.