What do they do?
Bermuda Land Management Corporation is a statutory corporation formed under the Bermuda Land Management Corporation Act 2024, which commenced operations on September 1, 2024.
BLMC is a quasi-autonomous non-government organization (QUANGO), charged with the development, management and operation of the lands in the west end formerly leased to the 3 Royal Navy, Southside, Morgan’s Point, Daniel’s Head, and Tudor Hill. These lands comprise approximately 936 acres and were vested in BLMC under the Act in perpetuity.
The general function of the Corporation under the Act is to manage and develop all designated land in the scheduled area with a view to the progressive improvement of the social and economic conditions obtaining there. It provides the Corporation with the powers to do, in Bermuda and elsewhere, all things necessary or convenient to be done in or in connection with the performance of its general function. The Minister has, in consultation with the Corporation, the power to give the Corporation directions of a general nature as to the exercise and performance of its functions. The Corporation shall not make any substantial changes in the way the Corporation conducts its activities without the consent of the Minister. The Minister appoints a Board of Directors who is responsible for devising and executing the policies of the Corporation and administering and managing its affairs and business.
BLMC will facilitate commerce while preserving history and developing our vested lands sustainably.
As defined by our Act, the Corporation shall not be regarded as the servant or agent of the Crown, or as enjoying any status, privilege or immunity of the Crown; and its property shall not be regarded as property of, or property held on behalf of, the Crown. The Corporation is required to pay all taxes, duties and other charges except those where it is exempt under the Act.