Section 9 Disposal by the Ministry of surplus property.

Notwithstanding anything in the Lagan Navigation Acts or the Drainage (Ireland) Act, 1856 M1, the Ministry shall have power, on and after the vesting date to sell, lease, surrender or otherwise dispose of any estate, right or interest in any property whatsoever, whether real, chattel real or personal, for the time being vested in the Ministry under or by virtue of this Act and not required by it for the purposes of its functions thereunder, and where any such disposal is by way of exchange, to give or receive money for equality of exchange; and any moneys received by the Ministry in respect of any such sale or disposal shall, after deduction of any proper expenses, be paid into the Exchequer.