Chapter II: Administration of Act
5. Power of Director-General to acquire and alienate Immovable property and to raise money

 

 

1)        The Director-General may With the approval of the Minister--

a)        raise money by way of loans;

b)        purchase or otherwise acquire immovable property, and alienate such property.

 

2)        Immovable property acquired under subsection (1) shall be held in the name of the Director-General in trust for the compensation fund.