Section 5
Status of a Regional Corridor Development Authority
of Regional Corridors Development Authorities Ordinance, 2006, 2006
—
(1)
Each Regional Corridor Development Authority shall be a body corporate having perpetual succession and a corporate seal, and shall have power to purchase, acquire, hold, manage, deal with and dispose of movable and immovable property, and to sue and be sued in its corporate name.
(2)
Each Authority shall have the powers, duties and responsibilities conferred or imposed by this Ordinance, provided that―
(a)
such powers, duties and responsibilities shall be exercised within the regional corridor under its jurisdiction and management;
(b)
if a body corporate is appointed a Regional
Corridor Development Authority under section 4(b), that body corporate shall be subject to the provisions of this Part and shall have all the functions and powers conferred by Part III in addition to the functions and powers vested in that body corporate by the law under which it was incorporated;
(ii)
in the event of any inconsistency between the law incorporating that body corporate and Parts II and III, the provisions hereof shall prevail.
7
Composition and organization of a
Regional
Corridor