2.
(1) There shall be established a Corporation which shall be called the " State Gem Corporation '', in this Act referred to as " the Corporation ", and which shall consist of the persons who are for the time being members of the Corporation under section 3. |
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(2) The Corporation shall by the name assigned to it by sub-section (1) be a body corporate, and shall have perpetual succession and a common seal and may sue and be sued in such name. |
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