Establishment and incorporation of Corporation
3. (1) A Corporation to be called “The Film Development Corporation” shall be established as soon as may be after the commencement of this Act.
(2) The Corporation shall be a body corporate by the name of the Film Development Corporation, having perpetual succession and a common seal, with power, subject to the provisions of this Act, to acquire and hold property, both movable and immovable, and shall by the said name sue and be sued.
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