(1) The Trust shall be responsible for the operation and administration of the Scheme.

(2) For the purposes of subsection (1) of this section the Trust may-

(a) grant all loans under the Scheme;

(b) recover all loans in accordance with the provisions of this Law or any other enactment;

(c) enter into contracts in respect of the loans;

(d) take legal action to recover the loans;

(e) do all things necessary for or incidental to the purposes of this Law.