To acquire, hold, maintain, administer and deal with certain land and buildings (hereinafter called 'the
Property') and to layout, provide for and maintain in good order the Property and to provide such renewals
and additions as may from time to time become necessary to maintain and improve the amenities of the
Property, including making such contributions to any common roads, pathways, grounds and communal
garden areas, placing and maintaining of policies of insurance in respect of all parts of the Property against
loss or damage btl fire, storm or tempest or special perils normally included in the Property Owners Liability
policies and placing and maintaining of policies of insurance against all Third Party Claims and all such
other policies of insurance as shall be considered necessary or desirable or fit.
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