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Part VIII · Development Areas

Section 41

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(1)

For the purpose of developing a development area in the discharge of its duty under subsection 38(2), the local planning authority may appoint or employ agents, or, with the approval of the Menteri Besar or Chief Minister, and subject to the rules made under section 44, and to such conditions and restrictions as may

84 Laws of Malaysia ACT 172

be approved, or required by the Menteri Besar or Chief Minister, enter into any arrangement for sharing profits, union of interests, cooperation, joint adventure, or reciprocal concession with any person, company, or body.

(2)

The local planning authority may, with the approval of the Menteri Besar or Chief Minister, from time to time by order published in the State Gazette, establish a corporation by such name as the local planning authority thinks fit, to carry out, and have the charge, conduct, and management of any project, scheme, or enterprise that has been planned or undertaken by the local planning authority in the discharge of its duty under subsection 38(2) of developing a development area.

(3)

Every order made under subsection (2) shall make provision in respect of—

(a)

the purposes and objects for which the corporation is established;

(b)

the constitution of the corporation;

(c)

the duties, powers, and rights of the corporation;

(d)

the system of management of the corporation;

(e)

the financing of the corporation;

(f)

the accounts to be kept by the corporation and the auditing thereof;

(g)

the relations between the corporation and the local planning authority and its right of control over the corporation; and

(h)

the common seal of the corporation.

Town and Country Planning 85

Report

Read on from s 42

Part IX

Miscellaneous Provisions

Read on from Part IX