(1) The Minister may, from time to time, by notice published in the Gazette declare as a technology park any area of land which provides a physical environment in which ¾

(a) research into, and the development and use of, industry, science and technology; or

(b) the production or assembly of products,

may be carried on.

(2) The Minister may amend or revoke a notice under subsection (1) by subsequent notice published in the Gazette.

(3) A notice under subsection (1) ¾

(a) is to contain a description of the area of land sufficient to identify its location; and

(b) may assign a name to the technology park.