Article2 a Establishment and legal capacity of the Legal Aid Fund The Fund is hereby established as an independent fund of the Union to provide legal assistance to indigent applicants before Human Rights organs of the Union. The Fund shall possess full juridical personality and capacity to contract, acquire and dispose of immovable and moveable property and institute legal proceedings in accordance with African Union rules and regulations. Article 3. Objectives The fund shali have the following Objectives: a) To mobilize and receive resources to finance the Legal Aid Scheme of the Human Rights Organs of the African Union; b) To foster cooperation and coordination arnong all relevant stakeholders, notably, Member States, various organs~ and _ institutions of the African Union, international .organizations, civil society organizations, lawyers associations and the private sector, and within the provision of legal aid; To engage in activities and projects that will fuither the dbieclives of . this Statute. Article 4 Principles of the Legal Aid Fund To achieve its objectives, the Fund shall in the exercise of its functions respect and observe the following principles: a) ‘b) Effective, sustainable, credible and accessible legal aid system; Availability of resources and a need based legal aid system. Article 5 Management of the Fund The Fund shall-be managed by a Board .of Trustees charged with supervising ‘the SpEranpris. financial: management; accounting and its MPaSURy.. . The Board shall: a) provide strategic leadership and oversight of the fund;