Amendment status not verified — confirm the current text below against the official source.
The State Government may, from time to time by notification in the Official Gazette, authorise the Corporation to undertake development schemes in respect of such objects as may be specified and in particular in respect of— (1) reclamation and improvement of land for establishing townships or for executing housing schemes or for agriculture; (2) water-supply; (3) drainage and irrigation; (4) disposal of sewage and manufacture of sewage gas; (5) fisheries; (6) dairy farms; (7) poultry and live-stock; (8) manufacture of salt. Powers 17. Subject to the provisions of this Act, the Corpora- of the tion shall have power— Corpora- tion. (a) to acquire or hold such property both movable and immovable as the Corporation may deem necessary for the purpose of any of its activities and to lease, sell or otherwise transfer any property held by it; Explanation.—For the purpose of compulsory acquisi- tion of immovable property, the Corporation shall be deemed to be a company within the meaning of the provisions of clause (e) of section 3 of the Land Acquisition Act, 1894; (b) to purchase by agreement or to take on lease or under any form of tenancy any land and to erect thereon such buildings as may be necessary for the purpose of carrying on its undertakings; (a) to enter into or perform such contracts as may be necessary for the performance of its duties and the exercise of its powers under this Act; (d) to provide facilities for the consignment, storage and delivery of goods; (e) with the prior approval of the State Government to do all other things to facilitate the proper carry- ing on of the business and the functions of the Corporation.