Clause 7
Functions and powers of the Provisional Authority
of Provisional Mass Rapid Transit Authority Bill
(1)
The Provisional Authority shall do all such things as are necessary or expedient in the planning and establishment of a Mass Rapid Transit System in Singapore for the conveyance of passengers.
(2)
Without prejudice to the generality of subsection (1), the Provisional Authority may —
cause any studies or investigations to be made;
improve, develop or alter any property held by it;
enter into, assign or accept the assignment of and vary or rescind any contract or obligation; and
promote the formation of or acquire any interest in any undertaking for the purpose of facilitating the performance of the functions of the Provisional Authority.