Delegation of project functions

Subject to the provisions of this Act, the Authority may delegate any of its development functions with respect to the notified Satellite City Development Areas to any of its project companies, special purposes vehicles or joint venture companies, on such terms and conditions as may be imposed by the Authority and subject to regular periodic monitoring and review of the execution and performance of such project companies, special purposes vehicles or joint venture companies with respect to the project functions delegated to them under this Section.