Article 4 Disposal of property
Without prejudice to article 38 of the 1967 Order (disposal of land), but subject to paragraph (2) below, the Commissioners may so far as they consider desirable in the interests of efficient and economical management of the port dispose of any lands, works, buildings, machinery, equipment or other property in such manner, whether by way of lease, the creation of any easement, licence, right or privilege, or otherwise, for such period or periods, at such consideration or rent and on such terms and conditions as they think fit.
Paragraph (1) above does not confer upon the Commissioners any power of sale.
In article 38 of the 1967 Order
in paragraph (1)—
for the word “land” there shall be substituted the words “any lands, works, buildings, machinery, equipment or other property”; and
after the word “consideration” there shall be inserted the words “or rent”; and
paragraph (2) shall be omitted.