12. Subject to the provisions of this Order, the functions of the Corporation shall be- (a) to carry on the business of imports and exports of goods, commodities, materials and merchandise from and to all countries in the world in accordance with the policy of the Government from time to time; ¹[ (aa) to buildup and maintain sufficient buffer stock of essential commodities in accordance with the directions of the Government from time to time; ] (b) to arrange for the sale and distribution of the goods, commodities, materials and merchandise imported ²[and procured locally] by it and to appoint dealers, agents and other means for the purpose subject to Government directives from time to time in this regard; and (c) to do all other acts and things connected with or ancillary to any of the matters referred to in ³[clause (a), (aa) and (b)].