(1) Subject to subsection (2), for the purpose of discharging its function under section 5, Invest Saint Lucia has power to —
(a) carry on any activity which appears to Invest Saint Lucia to be requisite, advantageous or convenient for, or in connection with, the _ulfilment of its functions;
(b) establish or promote the establishment of other bodies to carry on any activity under paragraph (a);
(c) hold land and other property of whatever kind;
(d) acquire and hold any property or rights in property;
(e) hypothecate or dispose of any property or rights in property.
(2) In the exercise of the powers under subsection (1) Invest Saint Lucia shall consult with the Minister.