An amended bill outlining the proposed development of a $2 billion luxury resort has been tabled in the House of Assembly by Premier Paula Cox.The Morgan’s Point Act paves the way for Government to exchange land in Morgan’s Point, based in Sandys and Southampton, for the Southlands property in Warwick.In total 80 acres of Morgan’s Point will be owned outright by developers Southlands Ltd, and a further 128 acres leased out for a period of time not exceeding 262 years.Ms Cox did not speak about the legislation other than saying it replaced a bill already on the House agenda that was tabled in December 2010.She later told this newspaper it will be discussed in the last session of the House before the Easter break. That date has not been settled, but is likely to be this Friday or next Friday.Justice Minister Michael Scott said: “The Morgan’s Point Resort Bill supports the Morgan’s Point Resort Development Project and sets out the statutory framework and provisions that underpin either the Morgan’s Point construction, or the hotel concessions of the development. It also sets out the relevant laws applicable to, and that support, the development project.”There are some changes in wording between the old and new bill, mainly changing the names of various pieces of legislation and Government departments cited.Mr Scott said: “The changes in the bill are necessary changes that achieve alignments or that make the provisions of the bill consistent with existing Bermuda law to the extent that the original bill did not so do.”The original bill amended the Bermuda Immigration and Protection (Designation of Eligible Condominium Units, Tourist Accommodation and Hotel Residences) Regulations.It designated 60 residences as being eligible for purchase by non-Bermudians. The amended bill cites a figure of 1,053 units.Asked about this, Mr Scott replied: “The total number was always the larger number of 1,053 units made up of different groupings of numbered units. The reference to 60 units was in the original bill due to all of the information not being available.”If passed, the act would give developers planning permission in principle to build a resort including a 325-room main hotel, 80-room boutique hotel, condominiums, beach villas, a golf course, boat club and retail plaza.