1—(1) The Authority shall not be regarded—N.I.
(a)as the servant or agent of the Crown; or
(b)as enjoying any status, immunity or privilege of the Crown.
(2) The property of the Authority shall not be regarded as property of, or held on behalf of, the Crown.
(3) Subject to the following provisions of this Schedule and Article 106 of the 1986 Order, section 19 of the Interpretation Act (Northern Ireland) 1954 applies to the Authority.