Amendment status not verified — confirm the current text below against the official source.
General duties and powers of the Authority.- (1) Subject to the provisions of this Act. the Authority shall be responsible or the planned development of the Industrial Areas (including preparation of the Master Plan of the area) and promotion of industries in the area and other amenities incidental thereto. (2) The Authority shall be responsible for planning, development and maintenance of the Industrial Area and amenties thereto and allotment of land, execution of lease, and cancellation of such allotment or lease, realization of fees, rent, charges and matters connected thereto.