Singapore legislation
Section 73
Section 73
Power to sell or exchange property
Amended by28/91
(1)
The Board may exchange or, with the approval of the Minister, sell 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 Board finds most convenient and advantageous to do.
Amended by28/91
(2)
The Board 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 Board upon such terms and conditions as the Board thinks fit.