(1) For the purposes of this Act, the areas specified in Schedule 1 are special development areas.
(2) The activities listed in Schedule 2 may be carried on in special development areas.
(3) The Minister may by order—
(a) prescribe a development period in respect of any special development area;
(b) amend Schedule 1 by increasing or decreasing the number of special development areas;
(c) prescribe the boundaries of any special development area;
(d) amend Schedule 2 by adding thereto or deleting therefrom, specified activities; and
(e) prescribe that within a special development area only a specified activity will qualify for incentives and exemptions.