3.—(1) There shall, by virtue of this section, be established a board to be known as An Bord Fuinnimh Núicléigh (in this Act referred to as the Board) to perform the functions assigned to it by this Act.
(2) The Board shall be a body corporate with perpetual succession and an official seal (which shall be judicially noticed) and power to sue and be sued in its corporate name and to acquire, hold and dispose of land.
