Clause 3

by deleting subsection (1) thereof and substituting therefor the following: —“(1) It shall be the duty of the Corporation —

to develop and manage industrial estates and sites in Singapore; and

to provide facilities to enhance the operation of industries and social amenities for the advancement and the well-being of persons living and working in such industrial estates and sites.”;

by deleting paragraphs (e) and (f) of subsection (2) thereof and substituting therefor the following: —“(e)to sell or lease land for the purposes of industrial sites, for the housing of persons living and working in industrial estates and sites, for general economic development or for social amenities;

to lay out sites for the purposes mentioned in paragraph (e) of this subsection for sale or lease;”;

by deleting the full-stop appearing at the end of paragraph (j) thereof and substituting therefor a semi-colon; and

by inserting immediately thereafter the following new paragraph: —“(k)to sell or lease flats, houses or other living accommodation.”.