5.—(1) The Company may take such steps from time to time as it considers necessary or expedient for the improvement, maintenance and management of the harbour and the accommodation and facilities afforded therein or in connection therewith.
(2) For those purposes, and without prejudice to the generality of paragraph (1) above, the Company may–
(a)improve, maintain, regulate, manage, mark and light the harbour and provide accommodation and harbour facilities therein;
(b)construct, alter, demolish and reconstruct structures and works in the harbour;
(c)lend money to any person for the purposes of any undertaking carried on by that person or, where that person is a body corporate, any undertaking carried on by a subsidiary of that body corporate;
(d)maintain such reserve funds as it thinks fit;
(e)invest any sums not immediately required for the purposes of the harbour undertaking; and
(f)do all other things which in its opinion are necessary or expedient to facilitate the proper carrying on or development of the harbour undertaking.
(3) This article is without prejudice to any powers of the Company under or by virtue of any other enactment (including any other provision of this Order).