Without derogating from its power generally to perform legal acts as a juristic person, the Board may—
| (a) | with the approval of the Minister open and operate such offices within or outside the Republic which may be necessary for the effective performance of its functions; |
| (b) | with the approval of the Minister, granted with the concurrence of the Cabinet member responsible for finance, borrow money from a money lending institution in the Republic; |
| (c) | insure the Board against— |
| (i) | any loss, damage or risk; |
| (ii) | any liability it may incur in the application of this Act; |
| (d) | employ persons who are necessary for the performance of the functions of the Board; |
| (e) | conclude agreements with organs of state and other persons. |
