Article 7 Development of land, etc.
The Authority may, alone or with others (including through forming, investing in and promoting, a company), subject to obtaining the necessary rights in or over land—
(a)
develop land—
(i)
required for the purposes of the port undertaking,
(ii)
not required for the purposes of the port undertaking with the view to disposing of the land or of interests in it, or
(b)
acquire land by agreement for the purpose of developing it, alone or together with other land,
provided that it is conducive to the improvement, maintenance or management of the port undertaking in an efficient and economical manner.