Private ports

(1) Notwithstanding anything contained in this Act, the Minister may, after consultation with the Authority, grant in writing a licence to any person, corporation or other body to construct and operate a private port subject to such terms, conditions and restrictions and on the payment of such fees as the Minister may consider appropriate. (2) A licence granted under subsection (1) of this section shall be for a period not exceeding thirty years, but may be renewed from time to time. (3) Every licence granted under this section shall, (a) define the limits of the private port; (b) make provision for tariffs, charges and other fees (by whatever name expressed) to be levied and collected at such a port. (4) The Minister may, after consultation with the Authority, make regulations either generally for the governance of private ports or specifically for a private port licensed under subsection (1) of this section. (5) Without prejudice to the generality of the foregoing, a licence granted under subsection (1) or regulations made under subsection (4) of this section, may authorise the person, corporation or other body to whom such licence is granted to make by-laws, subject to the approval of the Minister, for all matters connected with or incidental to the control and regulation of a private port. (6) The Minister may, if satisfied that there has been a breach of the terms and conditions of a licence granted under subsection (1) of this section or any contravention of the provisions of this section or the regulations made thereunder, revoke such licence.