(1) The Authority is a body corporate constituted of the Executive Director.
(2) The Authority:
(a) has the capacity to acquire or incur, in its corporate name, any rights or obligations that may properly attach to a body corporate; and
(b) has the functions and powers conferred by this Act and any other Act.
(3) The Authority has a common seal.
(4) A document that appears to be genuine, and to bear the common seal of the Authority, will be presumed, in the absence of proof to the contrary, to have been duly executed by the Authority.