Singapore legislation
Section 23
Section 23
Power to sell or exchange property
(1)
Subject to section 20(2), the Authority may sell or exchange any property vested in it by virtue of this Act or acquired by it for the purposes thereof either in block or in parcels, whichever the Authority finds most convenient and advantageous to do.
(2)
The Authority shall have power to lease or let, with or without taking a premium, any property vested in or acquired by it or to grant easements, wayleaves, rights of way, temporary licences or other rights or privileges over, under, through or in respect of any lands or buildings belonging to the Authority upon such terms and conditions as the Authority may think fit.