1. The Organization is hereby conferred international legal personality and shall have full legal capacity:
a)
to contract;
b)
to acquire, and dispose of, immovable and movable property;
c)
to take legal actions, including instituting and responding to legal proceedings; and
d)
to take such other action as may be necessary or useful for its purposes, objectives and functions.
2. The Organization may exercise its functions and powers, as provided in this Convention, on the territory of any Contracting State and, by special agreement, on the territory of any other State.