21 Power of Port of London Authority to form a company to operate the port of Tilbury.E+W+S
(1)The Port of London Authority (referred to below in this Part as “the Port Authority”) shall have power to form a company for the purpose of carrying on—
(a)that part of their undertaking which consists in operating the port of Tilbury; and
(b)any activities which appear to them to be incidental to or connected with operating the port of Tilbury.
(2)The company formed by the Port Authority shall be a company limited by shares and registered under the M1Companies Act 1985.