Welsh Development Agency Act 1975

JurisdictionUK Non-devolved
Citation1975 c. 70
Year1975
(1) The functions specified in the following provisions of this Act are conferred upon the National Assembly for Wales (in this Act referred to as the “Assembly”) .to further the economic F6and social development of Wales or any part of Wales F7, and in that connection to provide, maintain or safeguard employment;to promote F8efficiency in business and international competitiveness in Wales;. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to further the improvement of the environment in Wales (having regard to existing amenity) .to promote Wales as a location F11for businesses, or assist or concert its promotion as such a location;to provide finance for persons carrying on or intending to carry on F12businesses;to carry on industrial undertakings and to establish and carry on new F12businesses;otherwise to promote or assist the establishment, growth . . . to make land available for development;. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to provide sites, premises, services and facilities for F12businesses;to manage sites and premises for F12businesses;to bring derelict land into use or improve its appearance; . . . to undertake the development and redevelopment of the environment.to promote the private ownership of interests in F12businesses by the disposal of securities and other property held by the F3Assembly or any of F4its subsidiaries.(4) In exercising F4its functions F5under this Act the F3Assembly shall have regard to the requirements of agriculture and efficient land management.(5) The F3Assembly may only exercise functions under subsection (3) (c) above through subsidiaries.(6) The F3Assembly shall have power to do anything, whether in Wales or elsewhere, which is calculated to facilitate the discharge of F4its functions specified in subsection (3) above, or is incidental or conducive to their discharge.to acquire, hold and dispose of securities;to form bodies corporate;to form partnerships with other persons;to make loans;to guarantee obligations (arising out of loans or otherwise) incurred by other persons;to make grants;to act as agent for other persons;to acquire and dispose of land, plant, machinery and equipment and other property;to manage land, and to develop land and carry out works on land, and to maintain works or assist in their maintenance;to make land, plant, machinery and equipment and other property available for use by other persons;to provide advisory or other services or facilities in relation to any of F4its functions, or assist in F4its provision; andto promote or assist in the promotion of publicity relating to any of the functions of the F3AssemblyF20under this Act.(8) (9) (10) (11) (12) (13) (14) The Assembly shall, after consultation with such local authorities, National Park authorities and other bodies as appear to the Assembly to have an interest, from time to time prepare and publish programmes for the performance of such of its functions under this Act as it considers appropriate.(15) (16) For the avoidance of doubt it is hereby declared that nothing in this Act is to be construed as authorising the disregard by the F3Assembly of any enactment or rule of law.

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