Section 5: Powers of the Service

In the exercise of its functions under this Act, the Service shall subject to approval of the Board have the powers to -
a acquire, hold, purchase, mortgage and deal with property, whether movable or immovable, real or personal;
b enter into contracts or obligations;
c advise or develop regulations on the management and administration of customs and excise management; and
d issue operational guidelines for the efficient administration and operation of the provisions of this Act.