(1) The Corporation shall have the power to accord administrative approval, revised administrative approval, technical sanction, accept all tenders, sanction budget and make financial provisions, settle disputes arising out of contracts and do any other things which may be necessary or expedient for the purpose of carrying out its functions under this Act.
(2) without prejudice to the generality of the foregoing provisions such power shall include the power,-
(a) to acquire and hold property, both movable and immovable as the Corporation may deem necessary for the performance of any of its functions, duties and activities and to lease, sell, exchange or otherwise transfer any property held by it on such conditions as may be deemed proper by the Corporation;
General powers of the Corporation.
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(b) to take measures for protection of environment, maintenance of ecological balance and prevention of pollution in carrying on its activities;
(c) to engage suitable consultants or persons having special knowledge or skill to assist the Corporation in the performance of its functions; and
(d) to do all such other things and perform such acts as may be necessary for or incidental or conducive to any matters which are necessary for furtherance of the objectives for which the Corporation is established.
18. The Corporation shall pay any interest due on the borrowed money from the Corporation Fund.
19. The Government may issue to the Corporation such general or special directions as to policy or exercise of the powers or performance of the functions by the corporation as it may think necessary or expedient for carrying out the purposes of this Act and the Corporation shall be bound to follow and act upon such directions.
CHAPTER - V ACQUISITION OF LAND
20. The Government may for carrying out the purposes of this Act, compulsorily acquire land under the 9Land Acquisition Act, 1894 and the acquisition of any land for any of the said purposes shall be deemed to be a public purpose within the meaning of that Act.
9. Please see now the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (Central Act 30 of 2013).
Responsibility of the Corporation for payment of interest on borrowed money.
Powers of Government to issue directions.
Power to acquire land for purposes of this Act.
Central Act 1 of 1894.
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