SCHEDULES

SCHEDULE 1DEVELOPMENT CORPORATIONS

Status

1

1

A development corporation shall not be regarded –

a

as the servant or agent of the Crown; or

b

as enjoying any status, immunity or privilege of the Crown.

2

The property of a development corporation shall not be regarded as property of, or held on behalf of, the Crown.

3

Subject to the following provisions of this Schedule, section 19 of the Interpretation Act (Northern Ireland) 1954 (c.33) applies to a development corporation.