Undeveloped Areas Act, 1952

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General powers of Board.

5.—(1) For the purpose of providing or facilitating the provision of sites or premises for the establishment, development or maintenance in an undeveloped area of an industrial undertaking in respect of which the Board are satisfied that—

(a) it would be likely to provide or maintain employment in such area, and.

(b) financial assistance is necessary to ensure its establishment, maintenance or development, and

(c) it is of a reasonably permanent nature and will be carried on efficiently,

the Board may, on such terms as they think proper—

(i) acquire any land either permanently or temporarily and either by agreement or compulsorily;

(ii) acquire (either permanently or temporarily and either by agreement or compulsorily) any easement, way-leave, water right or other right whatsoever over or in respect of any land or water;

(iii) terminate, restrict or otherwise interfere with (either permanently or temporarily and either by agreement or compulsorily) any easement, way-leave, water right or other right whatsoever over or in respect of any land or water;

(iv) construct, adapt and maintain buildings and other works;

(v) provide services and facilities in connection with land;

(vi) sell, lease or otherwise dispose of land vested in them;

(vii) make grants to aid persons to—

(I) acquire land,

(II) construct, adapt and maintain buildings and other works, and

(III) provide services and facilities in connection with land;

(viii) do any act or thing which may be necessary for or incidental to the doing of anything which the Board are by the preceding paragraphs authorised to do.

(2) The provisions of the Second Schedule shall apply to the exercise by the Board of their powers under this section.

(3) No stamp duty shall be payable on any instrument under which any land, easement, way-leave, water right or other right whatsoever over or in respect of land or water is acquired by the Board.

(4) Nothing in subsection (1) of this section shall be construed as affecting the operation of section 130 of the Transport Act, 1944 (No. 21 of 1944).