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(1)An urban development corporation shall prepare a code of practice as to consultation with the relevant local authorities about the exercise of its powers.
(2)In this section " the relevant local authorities" means local authorities the whole or any part of whose area is included in the urban development area.
(3)Preparation of the code shall be completed not later than the expiration of the period of 12 months from the date of the establishment of the corporation.
(4)A corporation may from time to time revise the whole or any part of its code.
(5)A corporation shall prepare and revise its code in consultation with the relevant local authorities.
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