This Act, consisting of 36 sections, establishes the requirements to be met in order to request and obtain a licence for Trade Organizations. A licensed and registered trade organisation shall be a body corporate with perpetual succession and a common seal and may acquire, purchase, take, hold and enjoy movable and immovable property of every description and may convey, assign, surrender, yield up, charge, mortgage, demise, re­-assign, transfer or otherwise dispose of or deal with, any movable o