(1) The Governor-General may from time to time, by Order in Council, vest the control and management of the harbour of Okarito in any person or persons (whether corporate or unincorporate) for a period to be specified in the Order, not exceeding in any case twenty-five years.
(2) The Governor-General may from time to time, by the same or any subsequent Order in Council, direct that any provisions of the Harbours Act 1923, specified in the Order shall apply as if such person or persons were a Harbour Board within the meaning of that Act, and so long as the control and management of the said harbour remains vested in such person or persons all such provisions shall, with the necessary modifications, apply accordingly.
(3) Subject to the last preceding subsection, the provisions of the Harbours Act 1923, shall continue to apply to the said harbour as in the case of harbours where there is no Harbour Board.