Sale of Reclaimed Lands Act.
This Act empowers, subject to certain restrictions, the Minister to sell any lot of land being property of the Government of Bermuda and forming part of any lands reclaimed from the foreshores of Bermuda or from the bed of the sea adjacent thereto. The sale shall be at a fair market price approved by the Cabinet and preferentially to a neighbouring landowner likely to be affected. A conveyance of land on the sale thereof under this Act may be in the form set out in the Schedule, or similar circumstances permit, or in such form as the Attorney-General advises.