Section 26: Land and buildings

26. Land and buildings (1) (a) The Authority shall, for all purposes, have the overall superintendence and administration of all land in a port and the responsibility for its proper allocation, in accordance with the port master plan and land use policies and legislation. (b) The Authority may make appropriate regulations to regulate and control the land allocation, use, development, operation and related matters. (2) All land within a port which, on 1 August 1998, was State land, shall vest in, and be deemed to be the property of, the Authority. P14 – 13 [Issue 1] Ports Act (3) All State interests existing on 1 August 1998 in land and building within a port, including but not limited to leases, are transferred to the Authority as from that date. (4) Land reclaimed by the Authority in a port shall automatically vest in the Authority. (5) The Authority may grant leases of any land in a port under such terms and conditions as may be approved by the Board. (6) (a) Subject to paragraphs (b) and (c), the Authority may sell, lease, exchange or otherwise dispose of any of the land or buildings acquired by it which is no longer required for the purposes of its business. (b) No State land acquired by the Authority under this section or any land on the foreshore or adjacent to the foreshore shall be sold without the approval of the Minister. (c) In the management of its land, the Authority shall give preference to long term leases and leasehold over the sale of land. (7) For the purpose of its functions and in the public interest, the Authority may acquire land compulsorily in conformity with the Land Acquisition Act.