Under the Investment Act, the Board of Investment (BOI) has the power to grant Foreign Owned companies permission to own land for the purpose of conducting an authorised activity. The size of the land is determined by the BOI which reviews the core function of the business and the construction plans for the intended premises. Predominately this exception in the Land Ownership Law is applied to the manufacturing industry. The BOI also has the power to make exceptions to the Alien Business Laws restrictions on Foreign owned companies.