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3. Section 4 (objects and general powers of development corporations)() has effect as before subsection (1) there were inserted—
“(A1) The aim of the oversight authority in overseeing the development of an area as a new town is—
(a)to plan for the creation of a high quality settlement which is a sustainable community;
(b)to support sustainable development and good design; and
(c)to plan from the outset for—
(i)the long-term stewardship of the assets of the new town for the benefit of the community;
(ii)the participation of the community; and
(iii)the legacy arrangements following the dissolution of the new town development corporation.”.
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