Transport Act 1962

11 Development of land. U.K.

(1) Subject to this section, each Board shall have power to develop their land in such manner as they may think fit.

(2) Each Board may, in particular, and subject to this section,—

(a) retain any part of their land which is not required for the purposes of their business and develop it for use by other persons, and

(b) where the use of their land for the purposes of their business can be combined with its use for other purposes, develop the land by constructing or adapting buildings thereon for use wholly or partly by other persons,

with a view to selling or otherwise disposing of any right or interest in the land or, as the case may be, the buildings or any part of the buildings, after the development is carried out.

(3) A Board shall not incur any substantial item of expenditure in developing their land for use for purposes which are not the purposes of their business without the consent of the Minister, and the Minister may from time to time give directions to the Boards indicating what is to be treated for the purposes of this section as a substantial item of expenditure.

(4) Where a Board propose under this section to develop any land for use otherwise than for the purposes of their business they shall have power, with the consent of the Minister, to acquire by agreement adjoining land for the purpose of developing it together with the other land . . . F1

Except as provided by the foregoing provisions of this subsection, a Board shall not have power to acquire land for purposes which are not related to any of the activities of the Board other than the development of land.

[F2 (5) In the application of this section to the British Waterways Board —

(a) the references to the Minister are to be read as references to the Scottish Ministers;

(b) the power in subsection (4) is limited to the acquisition of adjoining land in Scotland.]

Textual Amendments

F1 Words repealed by Transport Act 1968 (c. 73), Sch. 18 Pt. I

F2 S. 11(5) substituted (2.7.2012) by The British Waterways Board (Transfer of Functions) Order 2012 (S.I. 2012/1659), art. 1(2), Sch. 2 para. 4 (with arts. 4-6)

Modifications etc. (not altering text)

C1 Ss. 11-17 extended by Transport Act 1968 (c. 73), s. 471

C2 Ss. 11, 12, 14(1)-(4), 15, 16, 17(1)(2) extended by Transport (London) Act 1969 (c. 35), s. 6(2)

C3 S. 11(2)-(4) amended by Transport Act 1968 (c. 73), s. 134

C4 S. 11(3)(4) restricted (E.W.S.) (1.1.1993) by S.I. 1992/3060, reg. 4(2)

C5 S. 11(4) amended by Transport Act 1968 (c. 73), s. 49