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Section 57

of Land Development Act 1956

ActIn forceProvision 58 of 69

Section 57

Subject to and for the purposes of this Act, the Authority and every board and corporation may enter into contracts and may acquire, purchase, take, hold and enjoy movable and immovable property of every description and may convey, assign, surrender, yield-up, charge, mortgage, demise, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property or any interest therein vested in the Authority or such board or corporation upon such term as to the Authority or such board or corporation deems fit.