E11F1Welsh developmentF1.
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The functions specified in the following provisions of this Act are conferred upon the National Assembly for Wales (in this Act referred to as the “Assembly”).
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a
b
to promote F8efficiency in business and international competitiveness in Wales;
c
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d
to further the improvement of the environment in Wales (having regard to existing amenity).
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Without prejudice to the following provisions of this Act, the functions of the F3AssemblyF3F10under this ActF10 shall be—
a
to promote Wales as a location F11for businesses, or assist or concert its promotion as such a location;
b
to provide finance for persons carrying on or intending to carry on F12businesses;
c
to carry on industrial undertakings and to establish and carry on new F12businesses;
d
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to make land available for development;
e
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f
to provide sites, premises, services and facilities for F12businesses;
g
to manage sites and premises for F12businesses;
h
to bring derelict land into use or improve its appearance; . . . F17
i
to undertake the development and redevelopment of the environment.
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In particular, but without prejudice to the generality of subsection (6) above, the F3AssemblyF3 shall have power F19in connection with its functions under this ActF19—
a
to acquire, hold and dispose of securities;
b
to form bodies corporate;
c
to form partnerships with other persons;
d
to make loans;
e
to guarantee obligations (arising out of loans or otherwise) incurred by other persons;
f
to make grants;
g
to act as agent for other persons;
h
to acquire and dispose of land, plant, machinery and equipment and other property;
i
to manage land, and to develop land and carry out works on land, and to maintain works or assist in their maintenance;
k
to make land, plant, machinery and equipment and other property available for use by other persons;
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The Assembly shall, after consultation with such local authorities, National Park authorities and other bodies as appear to the Assembly to have an interest, from time to time prepare and publish programmes for the performance of such of its functions under this Act as it considers appropriate.
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