7Functions of Corporation

#### 7 Functions of Corporation 7 Functions of Corporation > > (1) The Corporation has the functions conferred or imposed on it by or under this or any other Act or law. > > > (2) The principal functions of the Corporation are: > > > > > (a) to undertake and participate in residential, commercial, industrial and mixed development projects, and > > > > > (b) to provide advice and services related to urban development, on a commercial basis, to government agencies and others. > > > (3) Subsection (2) (b) does not affect the functions of the board of the Corporation under section 29 of the [State Owned Corporations Act 1989](/view/html/inforce/current/act-1989-134). > > > (4) The Corporation may also: > > > > > (a) provide facilities or services that are ancillary or incidental to its principal functions, and > > > > > (b) conduct any business or provide any service (whether or not related to its principal functions) that it considers will further its objectives.