Land Development Corporation Act 2003. Country/Territory Australia Territorial subdivision Northern Territory Document type Legislation Date 2003 (2014) Source FAO, FAOLEX Long titleAn Act to establish a statutory corporation to develop and manage land for use by new and existing industries in the Territory, for use for residential developments and associated activities, and for related purposes. Subject Land & soil Keyword Agricultural development Land-use planning Non-governmental entity Business/industry/corporations Geographical area Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific Entry into force notes This Act enters into force on 1 July 2003. Abstract This Act, consisting of 44 sections divided into six Parts, provides for the establishment and operation of the Land Development Corporation. Functions of the corporation include: to develop the land of the Corporation for use by industrial businesses; to provide services, facilities and general assistance to facilitate the establishment and conduct of industry; to carry out or facilitate other activities associated with the management of the Corporation's land and its use by industrial businesses, including commercial and recreational activities and activities related to heritage and environmental conservation (sect. 6). Full text English Website legislation.nt.gov.au