Export Promotion Act, 1959

Powers and functions of the Board.

4.—(1) It shall be the duty of the Board to promote, assist and develop exports in any manner which the Board considers necessary or desirable.

(2) It shall be the duty of the Board to advise the Minister on matters affecting or in any way connected with the development of exports.

(3) The Board shall have all such powers as are necessary for the purposes specified in subsections (1) and (2) of this section.

(4) Without prejudice to the generality of the foregoing subsections and in addition to the powers conferred on the Board by any other provision of this Act, the Board shall have power—

(a) to purchase, take on lease or in exchange, or otherwise acquire any lands or buildings in the State or elsewhere and any estate or interest in and any rights connected with any such lands or buildings,

(b) to apply for and to receive, in the State or elsewhere, any trade marks, licences, protections or concessions and, in relation thereto, to do all such things as the Board considers necessary or desirable for the development of exports,

(c) to dispose of any lands or buildings held by the Board which appear to the Board to be no longer required by the Board for the exercise of its powers or the performance of its functions and duties.

(5) The Board shall, in respect of the promotion, assistance or development by the Board of the export of any product in relation to which a Minister exercises any function, act in consultation with, that Minister.