Section 13: Powers of the Board to enter into contracts, to hold property and to invest.

(1) The Board may enter into such contracts as may be necessary or expedient for giving effect to the provisions of this Act.
(2) Subject to the approval of the Ministry, the Board may acquire and hold such movable or immovable property as may be necessary or expedient for giving effect to the provisions of this Act and may, for the same purpose, sell, lease, mortgage, or otherwise alienate or dispose of any property so acquired and held.
(3) The Board may invest its funds in such manner and to such extent as it thinks necessary or expedient.