- Latest available (Revised)
- Point in Time (01/01/2006)
- Original (As made)
Point in time view as at 01/01/2006.
There are currently no known outstanding effects for the The Strategic Investment and Regeneration of Sites (Northern Ireland) Order 2003, Section 16.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
16.—(1) The object of a development corporation is to secure the regeneration of its site.
(2) That object is to be achieved in particular by the following means (or by such of them as seem to the corporation to be appropriate) –
(a)by bringing land and buildings into effective use;
(b)by encouraging public and private investment and the development of industry and commerce;
(c)by creating an attractive environment;
(d)by ensuring that social, recreational, cultural and community facilities are available.
(3) Subject to the following provisions of this Part, for the purpose of achieving its object a development corporation may –
(a)hold, manage and dispose of land and other property;
(b)carry out the development or redevelopment of land, including the conversion or demolition of existing buildings;
(c)carry out building and other operations;
(d)provide services and facilities;
(e)act with other persons, whether in partnership or otherwise;
(f)give financial assistance to other bodies or persons in accordance with Article 18;
(g)carry on any business or undertaking;
(h)carry out studies, investigations and research;
(i)generally do anything necessary or expedient for the purposes of its object or for purposes incidental to those purposes.
(4) Paragraph (3) relates only to the capacity of a development corporation as a statutory corporation and nothing in this Article authorises a development corporation to disregard a statutory provision or rule of law.
(5) A transaction between a person and a development corporation is not invalidated by reason of any failure of the corporation to observe –
(a)the object in paragraph (1); or
(b)the requirement in paragraph (3) that the corporation shall exercise the powers conferred by that paragraph for the purpose of achieving that object.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Explanatory Memorandum sets out a brief statement of the purpose of a Northern Ireland Order in Council and provides information about its policy objective and policy implications. They aim to make the Order accessible to readers who are not legally qualified and accompany any Northern Ireland Order in Council made since 2002.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: