Section 3
( 1) Land may be acquired under the provisions of this Act whenever it is needed -
(a)
for a public purpose; or
(b)
for a residential site area; or
(c)
for a factory area; or
(d)
for any person, association of persons or company undertaking a work of public utility.
(2)
Before any proceedings towards acquisition under subsection (1) (d) are undertaken the following preliminary conditions shall be complied with-
(a)
His Majesty in Council after thorough inves-tigation and inquiry shall be satisfied that such ac-quisition i~ needed for the construction of some work which is likely to prove useful to the public;
and
(b)
the person, association of persons or com-pany shall have executed an agreement providing to the satisfaction of His Majesty in Council for all or any of the following matters
(i)
the payment to Government of all or of any specified portion of the cost of acquisition;
(ii)
the transfer on such payment of the land to such person, association of persons or com-pany or his or its nominee;
(iii)
the terms on which the land shall be held;
Land Acquisition
(iv)
the time within which and the conditions on which the work shall be executed and main-tained;
(v)
the terms on which the public shall be entitled to use the work.
(3)
Every such agreement shall so far as regards the terms on which the public shall be entitled to use the work have the same effect as if it had formed part of this Act.