Act 16 Incorporation of officers as Managing Committee. Land Act 1998 !9. ( 1) The officers of an Association which has voted to approve a certified constitution shall .apply to the District Registrar of Titles on the prescribed form to be incorporated under this Act. (2) On receiving an application under subsection (1), the District Registrar of Titles shall, if he or she is satisfied that the requirements of this Act and any regulations made under this Act have been complied with, issue a certificate of incorporation of the officers of the Association in the prescribed form, subject to such conditions and limitations as may be prescribed. (3) Upon the issue of a certificate of incorporation, the persons named in it as the officers shall become a body corporate with the name specified in the certificate and shall have perpetual succession and a common seal. (4) Where a certificate of incorporation has been issued subject to conditions and limitations, the officers may, with the approval of the District Registrar of Titles, vary any of those conditions or limitations. Powers of managing committee. 20. ( 1) The issue of a certificate of incorporation shall, subject to the provisions of this Act confer on the officers the powers to sue and the liability to be sued in the corporate name of the Association, to make contract binding on the Association and all its members, to grant mortgages, pledges or liens over any property of the Association and to dispose of any property of the Association. (2) The Managing Committee shall hold any land and other property which they hold as such and to exercise their powers as such for and on behalf of all members of Association on any exercise of their functions. (3) Where land is held on a certificate of customary ownership or a freehold or leasehold title by the Managing Committee on behalf of an Association, no transactions of any kind in respect of the land or anx part of the iand shall be entered into or undertaken or concluded by the Managing Committee 26