Section 12

The principal Act is amended by inserting after section 7b the following section:

“Power to establish companies 7c.  The Authority may, with the approval of the Minister, establish companies under the Companies Act 1965 [Act 125]

to carry out and have the charge, conduct and management of any project, scheme, or enterprise which has been planned or undertaken by the Authority in the performance of its functions or the exercise of its powers.”.

Amendment of section 10