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(1) There shall be established in accordance with the provisions of this Decree an Institution to be known as the Ghana Institution of Engineers, hereafter referred to in this Decree as the "Institution."

(2) The Institution shall be a body corporate with perpetual succession, may sue and be sued in its corporate name and may hold, acquire and dispose of any property, movable or immovable.

(3) The Institution shall have a common seal which shall be kept in such custody as the Council may from time to time determine and shall not be affixed to any document or instrument except by order of the Council and in the presence of two members of the Council who shall sign such document or instrument independently of the signature of any person who may have signed the document or instrument as a witness.