The trust—
(a) is a body corporate with perpetual succession; and
(b) shall have a common seal; and
(c) may acquire, hold and dispose of or otherwise deal with real and personal property; and
(d) may sue and be sued in its corporate name; and
(e) may enter into contracts; and
(f) may mortgage, charge or otherwise encumber any of its property; and
(g) may borrow money for the trust; and
(h) has, in addition to the powers expressly given to it by this Act, the other powers necessary or convenient for the exercise of its functions under the Act.