Section 3 — PERBADANAN PEMBANGUNAN BANDAR ACT 1971

(a)

to promote and carry out projects in urban development areas for—

(i)

development, redevelopment, settlement, re-settlement and public housing; and

(ii)

improvement in environment, services, amenities, traffic circulation, vehicle parking recreational and community facilities and other public improvements for the promotion of national unity, health, safety, convenience and welfare; and

(b)

to promote and carry out projects in urban development areas with a view to achieve the distribution of opportunities among the various races in the field of commerce and industries, housing and other activities; and

(c)

to translate into action-programmes the government policy to re-structure society through urban development.

(2)

The Perbadanan shall be a body corporate with perpetual succession and a common seal and may sue and be sued in its name and subject to and for the purposes of this Act, 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 Perbadanan upon such terms as it deems fit.

(3)

The provisions of the First Schedule to this Act shall have effect with respect to the Perbadanan.

(4)

The Perbadanan shall have power to do all things expedient or reasonably necessary or incidental to the discharge of its functions, and in particular, but without prejudice to the generality of the foregoing—

(a)

to initiate preliminary studies of possible development and redevelopment areas and make-

(i)

plans for carrying out a programme of voluntary repair and rehabilitation of buildings and improvements;

(ii)

plans for the enforcement of laws relating to the occupancy of lands and buildings;

(iii)

plans for the relocation of persons (including families, business concerns and others) displaced by a development or redevelopment project;

(iv)

preliminary plans outlining development or redevelopment activities;

(v)

preliminary surveys to determine if the undertaking and carrying out of development or redevelopment projects are feasible;

(b)

to co-operate with or act as agent or managing agent of or otherwise act in association with or on behalf of the Federal Government or any State Government, any public authority, any company, any corporation, any body or any person;

(c)

to promote and co-ordinate the carrying on of such activities by Governments, public authorities, any company, any corporation, or any other body or person;

(d)

to establish or expand, or promote the establishment or expansion of companies, corporations or other bodies to carry on any such activities either under the control or partial control of the Perbadan or independently;

(e)

to give assistance to any public authority, company, corporation or other body or person appearing to the Perbadanan to have facilities for the carrying on of any such activities, including financial assistance by the taking up of share or loan capital or by loan or otherwise;

(f)

to purchase, underwrite or otherwise acquire any stock and shares in any public or private company, and to dispose of the same on such terms and conditions as the Perbadanan may determine; and

(g)

to do all acts which the Perbadanan considers desirable or expedient.