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(1)The HCA may, with the consent of the Secretary of State, appoint an urban development corporation to act as its agent.
(2)The appointment—
(a)may be in connection with any of the functions of the HCA other than its functions in connection with Chapter 3, and
(b)is to be on such terms as may be agreed.
(3)The appointment must specify the functions in connection with which it is made.
(4)An urban development corporation must act as agent in accordance with the terms of its appointment.
(5)An urban development corporation may arrange for any of its property or staff to be made available to the HCA if—
(a)the purpose is to assist the HCA to exercise any of its functions, and
(b)the HCA asks the urban development corporation to make the property or staff available.
(6)The property or staff are to be made available for such period, and on such other terms, as the urban development corporation considers appropriate.
(7)In this Part “urban development corporation” means a corporation established by an order under section 135 of the Local Government, Planning and Land Act 1980 (c. 65).
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