306. Bodies established under Treaty on European Union.

Her Majesty may by Order in Council make any one or more of the following provisions in respect of a specified1 body2:

  1.  

    (1)     confer on the body the legal capacities of a body corporate3;

  2.  

    (2)     provide that the body must, to such extent as is specified, have such specified privileges and immunities as, having regard to the obligations referred to