Article 18 Power to grant tenancies and to dispose of land

The Board may, for the purposes of, or in connection with the management of, the harbour, lease or grant the use or occupation of, or any right or interest in or over, land, works, buildings, machinery, equipment or other property forming part of the harbour undertaking for such period, at such rents and other considerations and on such terms and conditions as may be agreed between the Board and the person taking the same.

The Board may also dispose of, or grant the use or occupation of, property vested in the Board and held by the Board for the management of the harbour which is no longer required for that purpose.