(1)There is established an authority to be known as the National Children Authority.

(2)The Authority shall be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in its own name.

(3)The Authority may, for and in connection with its functions under this Act, purchase, hold, manage and dispose of any property, whether movable or immovable, and enter into any contract and other transactions as may be expedient and may do and suffer any other act or thing as in law may be done or suffered by a body corporate.