124. Incorporation of the BBC.

The BBC is a body corporate by the name of the British Broadcasting Corporation1 with perpetual succession and a common seal2; it may sue and be sued and do anything appertaining to a body corporate, as well as having all the capacity of a natural person3. This enables the BBC to maintain, establish or acquire subsidiaries through which commercial activities may be undertaken4, and to do anything incidental or conducive to the carrying out of its functions5. However, the BBC may use these general powers only in accordance with its established object6