(1) This section continues in being the society called the New Zealand Law Society (being the society continued in being by section 3(1) of the Law Practitioners Act 1982 and existing at the commencement of this section).
(2) The New Zealand Law Society is a body corporate with perpetual succession and a common seal, and, except as provided in this Act, has and may exercise—
(a) all the rights, powers, and privileges, and may incur all the liabilities and obligations, of a natural person of full age and capacity; and
(b) the power to do any other thing it is authorised to do—
(i) by this Act; or
(ii) by any other enactment; or
(iii) by any rule of law.
(3) The New Zealand Law Society may not exercise any of its rights, powers, or privileges except for the purpose of performing its functions.
Compare: 1982 No 123 s 3(1), (3)