Article 4 Development of land etc.
If it conduces to the improvement, maintenance or management of the harbour in an efficient and economical manner, the Board may—
use or develop for any purpose, and deal with, any land within or in the vicinity of the harbour; or
form, invest in and promote, or join with another person in forming, investing in and promoting, a company for using or developing for any purpose, and dealing with, any land within or in the vicinity of the harbour.
Except as is otherwise provided by any enactment or rule of law, the powers of a company referred to in paragraph (1)(b) may include powers to do anything necessary or expedient for the purposes of the objects mentioned in that paragraph or for purposes incidental to those purposes, notwithstanding that the Board would not themselves have the power to do that thing.