The costs of construction, equipping, control. operation. management. possession,
Verify source ↗ AI-assisted research summary: The Company must pay the port’s construction, operation, management, possession, and maintenance costs, and it has broad powers to run and manage the port and related facilities.
3. The costs of construction, equipping, control. operation. management. possession, and maintenance of the port shall be financed by the Company. Powers of Company 4. ( 1 ) In addition to its powers in terms of any other law the Company shall. for the 5 purposes of this Act. have the power— (c/) to construct. equip. control, manage. operate. possess and maintain the port; (1?) to purchase. hire or otherwise acquire or to sell. let or otherwise dispose of or to construct or cause to be constructed and to manage, work and maintain the facilities required for cargo handling, including stora&e sheds and silos, storage areas. railyards, roads and services. pipelines. conveyors, ship loaders and dischargers. craes, and any other mobile and other equipment for handling, transfer, storage and conveyance of all cargo, including but not limited to solids, liquids or gases. together with all works and appurtenances incidental thereto. and to determine, and from time to time to alter, the conditions applicable to the use of the aforementioned: (c) to provide, maintain and control navigational aids: (d) to provide and maintain, for the purposes of the pofl, radio. telegraphic, telephonic or other forms of communication: (c’) to provide and mtiintain such safety equipment and such other works and appliances as may be required for the needs of the port: (f) to provide tugs, pilot boats and other facilities and ser~ices for the navigation and berthing of vessels in the port. and to that end, to employ pilots. tug masters. crev and such other staff as is necessary; (g) to control. manage and operate the port. docks or other similar works including control of the persons working or otherwise engaged on or at the po~. the goods and persons arriving at or departing from the pofl and. if necessary. to limit the right to land. warehouse. deliver or ship any goods within the port: (1~~ to stevedore. land or ship goods Within the port. and to warehouse. deli\ er and collect any such goods. and to land or ship persons. either by itself or through its duly constituted agents: (;) to fix. and from time to time alter. all fees. charges. dues and rates for the use of the facilities at the port: and (j) generally to execute and do all such acts, deeds and things as may be necessar! for the construction. equipping. operation, control. management. possession and maintenance of the port. (2) The powers conferred upon the Company by or under this Act may be exercised either b! the Compan\ or b! a subsidiary company formed or to be formed for that purpose and such sub~idiary company may exercise on behalf of the Companj any power conferred on the Company by or under this Act. (3) The Compan> may. with the concurrence of the hfinister and on conditions which the Minister must determine. assign any part of the port to a subsidiar! company and thereupon such subsidiary company shall exercise. in respect of such part of the port. the powers which the Company could have exercised in respect of that part before such assignment. Administration of port