(1)Any land occupied by the Authority shall be deemed, for the purposes of any rate on property, to be property occupied by or on behalf of the Crown for public purposes.
(2)Exemption shall be granted—
(a)from income tax chargeable under Schedule A in respect of lands, tenements, hereditaments and heritages owned and occupied by the Authority;
(b)from income tax chargeable under Schedule B in respect of lands occupied by the Authority;
(c)from income tax chargeable under Schedule A or, by virtue of section one hundred and seventy-seven or section one hundred and eighty-two of the Income Tax Act, 1952, under Schedule D, in respect of the rents and profits of any lands, tenements, hereditaments or heritages belonging to the Authority;
(d)from income tax chargeable under Schedule C in respect of any interest, annuities, dividends or shares of annuities, or under Schedule D in respect of any yearly interest or other annual payment, forming part of the income of the Authority:
Provided that—
(i)the exemption granted by paragraphs (a) and (b) of this subsection shall not extend to tax in respect of any rent payable or other annual payment to be made by the Authority in respect of the lands, tenements, hereditaments and heritages; and
(ii)notwithstanding anything in paragraph (c) of this subsection, any assessment upon the respective properties falling within that paragraph shall not be vacated or altered but shall be in force and levied notwithstanding the allowance of any such exemption as/is mentioned therein.
Income arising from investments or deposits held for the purposes of any pension scheme provided and maintained by the Authority shall be treated for the purposes of this subsection as if that income and the source thereof belonged to the Authority.
(3)Any place belonging to or used for the purposes of the Authority shall, for the purposes of paragraph (c) of section three of the Official Secrets Act, 1911 (which provides that places belonging to or used for the purposes of Her Majesty may be declared by order of the Secretary of State to be prohibited places for the purposes of that Act), be deemed to be a place belonging to or used for the purposes of Her Majesty, and no person other than—
(a)a constable acting in the execution of his duty as such; or
(b)an officer of customs and excise or inland revenue, acting in the execution of his duty as such; or
(c)an officer of any government department specially authorised in that behalf by or on behalf of a Minister of the Crown,
shall be entitled to exercise any right of entry (whether arising by virtue of any statutory provision or otherwise) upon any place belonging to or used for the purposes of the Authority which is such a prohibited place as aforesaid except with the consent of the Authority and in accordance with any conditions imposed by them:
Provided that any person aggrieved by a refusal by the Authority to consent to, or by conditions imposed on, the exercise of any such right of entry may apply to the Lord President of the Council who may, if he thinks fit, himself authorise the exercise of the right subject to such conditions, if any, as he may think fit to impose.
(4)The enactments specified in the Third Schedule to this Act shall have effect subject to the provisions set out in that Schedule for modifying or adapting those enactments consequentially on the establishment of the Authority.
(5)It is hereby declared that, save as otherwise expressly provided in this Act, the Authority are not to be treated for the purposes of the enactments and rules of law relating to the privileges of the Crown as a body exercising functions on behalf of the Crown, and the Public Authorities Protection Act, 1893, and section twenty-one of the Limitation Act, 1939, shall not apply to any action, prosecution or proceeding against the Authority or for or in respect of any act, neglect or default done or committed by a servant or agent of the Authority in his capacity as a servant or agent of theirs.