Article 39 Development of land etc.
The Authority may, subject to holding the necessary rights in or over land and provided that it is conducive to the improvement, maintenance or management of the port undertaking in an efficient and economical manner—
use or develop for any purpose, and deal with, any land within or in the vicinity of the port;
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 port.
Except as is otherwise provided by any enactment, 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 Authority would not itself have the power to do that thing.