Base Lands Development Act 1996.
This Act concerns the development of land described in the Schedule. Section 3 provides for the creation of the Bermuda Land Development Company Limited. The general purpose of the Company is to manage, or oversee the management of, the land entrusted to it with a view: (a) generally, to the integration of that land into the economic and social fabric; (b) in particular, to the creation of opportunities for increased employment now and in the future, in furtherance of the well-being of the present and future generations of Bermudians.