(1) Subject to this section, if it appears to the Minister that it is expedient, having regard to the interest of national security or the general economic policy of the Government or any other material consideration, that any permission to develop land granted by the Head of the Physical Planning and Development Division should be modified or revoked, the Head of the Physical Planning and Development Division shall by written notice to the person entitled to the benefit of the permission, revoke or modify the permission to develop land to such extent as the Minister directs.
(2) The power conferred by subsection (1) to modify or revoke permission to develop land may be exercised—
(a) where the permission relates to carrying out building or other operations, at any time before those operations have been completed;
(b) where the permission relates to a change of use of any land, at any time before the change has taken place,
but the modification or revocation of permission for the carrying out of building or other operations shall not affect so much of those permitted operations as has been previously carried out.
(3) Any person who has incurred expenditure in carrying out work that is rendered abortive by the modification or revocation of permission under this section, including any expenditure incurred in the preparation of plans or upon similar matters for the purposes of or preparatory to such work, or has otherwise suffered loss or damage directly attributable to such modification or revocation, is entitled to adequate compensation in respect of that expenditure, loss or damage.
(4) Permission to develop land granted by the Head of the Physical Planning and Development Division, shall not be revoked or modified unless the person entitled to the benefit of the permission has been given the opportunity to make representations before the Head of the Physical Planning and Development Division.