This matter has been carefully considered by the Department of Justice. Obviously the board is engaged in a number of businesses, involving a large turnover of money. It has to enter into contractual relations with private parties. This subsection merely contains the declaration that the board may be sued for breach of contract, without obtaining a fiat from the crown. In other words it does away with the necessity of compelling people who wish to take action against it to obtain a fiat from the crown.
Subtopic: NATIONAL HARBOURS BOARD