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I1.—(1) For the purposes of any of its functions the Authority may acquire by agreement any land.
(2) The Authority may acquire by agreement any land for any purpose for which it is authorised by this Order or any other enactment to acquire land, notwithstanding that the land is not immediately required for that purpose; and, until it is required for the purpose for which it was acquired, any land acquired under this paragraph may be used for the purpose of any of the Authority’s functions.
(3) References in the foregoing provisions of this article to acquisition by agreement are references to acquisition for money or money’s worth, as purchaser or lessee.
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