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(a) The Authority shall have all the other duties, powers, rights and obligations imposed on or vested in it by other titles of §§ 241 et seq. of this title.(b) The plants or factories operated by the Authority or by its subsidiary corporations shall be subject to the laws and regulations heretofore or hereafter governing all the other plants or factories in Puerto Rico engaged in the processing of products of the same kind as those processed by the Authority or its subsidiary corporations in the said plants or factories. Said plants or factories, the lands where they are located, and their equipment and appurtenances, shall be subject to the payment of property taxes.(c) The Authority shall pay, on all its activities not entrusted to the Social Programs Administration of the Land Authority of Puerto Rico, all such taxes as, under the internal revenue laws of Puerto Rico, all private entities or individuals engaged in activities of like or similar nature are bound to pay. History —Apr. 12, 1941, No. 26, p. 388, § 31; Apr. 4, 1946, No. 269, p. 566; Apr. 26, 1949, No. 102, p. 254, § 1; June 27, 1958, No. 131, p. 315, § 8.