Section - 1 - Establishment of the National Vocational Training Institute.

    (1) There is hereby established a body corporate to be known as the National Vocational Training Institute.

    (2) The Institute shall have perpetual succession and a common seal and may sue and be sued in its corporate name.

    (3) The Institute may, for and in connection with its functions under this Act, purchase, hold, manage and dispose of any property and may enter into such contracts and other transactions as may be expedient.

    (4) The common seal of the Institute shall be kept in such custody as the Board may determine, and shall not be affixed to any document or instrument except by order of the Board, and in the presence of two members of the Board, who shall sign any such document or instrument independently of the signatures of any person who may have signed the document or instrument as a witness.