Section 52Part 8 — The Roman Catholic Archbishop of the Cayman Islands
Powers of corporation
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The corporation constituted under this Part has power to —
acquire, hold, purchase, receive, lease, possess and enjoy any lands or hereditaments whatsoever with absolute or provisional registered title in fee simple, leasehold or for any other estate or interest and all property real, personal or mixed;
give grant, let, charge, improve, manage, develop, exchange, lease, mortgage, sell, convey, transfer, assign, dispose of, turn to account or otherwise deal with all or any of the property both present and future so held or vested or any part thereof;
borrow, raise or secure the payment of money in such manner as may be thought fit, and in particular by the issue of debentures or scrip charged upon all or any of the property (both present and future) held by or vested in such corporation and to redeem and pay off any such securities; and
appoint an attorney or attorneys for such time and purposes and with such powers as may be stated in the instrument of appointment, to revoke any such appointment and to confer on any such attorney or attorneys appointed as aforesaid power to appoint a substitute in that attorney's or their stead.