11.— (1) IFI shall, as soon as may be after its establishment, provide itself with a seal.

(2) The seal of IFI shall be authenticated by the signature of—

(a) the chairperson of IFI or another member of IFI, or

(b) a member of staff of IFI,

authorised by IFI to act in that behalf.

(3) Judicial notice shall be taken of the seal of IFI and every document purporting to be an instrument made by IFI and to be sealed with the seal of IFI (purporting to be authenticated in accordance with subsection (2)) shall be received in evidence and be deemed to be such instrument without further proof unless the contrary is shown.

(4) Any contract or instrument which, if entered into or executed by a person not being a body corporate, would not require to be under seal may be entered into or executed on behalf of IFI by any person generally or specially authorised by IFI in that behalf.