Indian_Real_Estate_Law (2)

Indian Real Estate Laws 34
cised and discharged by the person or persons
referred to in sub-section (/); and
(c) all properties owned or controlled by
the Authority shall, until the Authority is reconstituted
under sub-section (3), vest in the
appropriate Government.
(3) On or before the expiration of the period
of supersession specified in the notification
issued under sub-section (/), the appropriate
Government shall reconstitute the Authority
by a fresh appointment of its Chairperson
and other members and in such case any
person who had vacated his office under clause
(a) of sub-section (2) shall not be deemed to
be disqualified for re-appointment.
(4) The appropriate Government shall
cause a copy of the notification issued under
sub-section (/) and a full report of any action
taken under this section and the circumstances
leading to such action to be laid before each
House of Parliament or, as the case may be,
before the State Legislature, or the Union Territory
Legislature, as the case may be, where it
consists of two Houses, or where such legislature
consists of one House, before that House.
1.10.5 Powers of appropriate
Government to issue directions
to Authority and
obtain reports and returns
83. (1) Without prejudice to the foregoing
provisions of this Act, the Authority shall, in
exercise of its powers and in performance of
its functions under this Act, be bound by such
directions on questions of policy, as the appropriate
Government may give in writing to
it from time to time :
Provided that the Authority shall, as far
as practicable, be given an opportunity to express
its views before any direction is given
under this sub-section.
(2) If any dispute arises between the appropriate
Government and the Authority as
to whether a question is or is not a question
of policy, the decision of the appropriate Government
thereon shall be final.
(3) The Authority shall furnish to the appropriate
Government such returns or other
information with respect to its activities as
the appropriate Government may, from time
to time, require.
1.10.6 Power of appropriate
Government to make
rules
84. (1) The appropriate Government shall,
within a period of six months of the
appropriate commencement of this Act, by
notification, make rules for carrying out the
provisions of this Government Act. to make
rules. (2) In particular, and without prejudice
to the generality of the foregoing power, such
rules may provide for all or any of the following
matters, namely:—
(a) information and documents for application
to Authority for registration under clause
(m) of sub-section (2) of section 4;
(b) the form and manner of making application
and fee and documents to be accompanied
with such application as under subsection
(2) of section 9;
(c) the period, manner and conditions under
which the registration is to be granted under
sub-section (3) of section 9;
(d) the validity of the period of registration
and the manner and fee for renewal under subsection
(6) of section 9;
(e) the maintenance and preservation of
books of account, records and documents under
clause (b) of section 10;
(f) the discharge of other functions by the
real estate agent under clause (e) of section 10;
(g) the rate of interest payable under section
12;
(h) the form and particulars of agreement
for sale under sub-section (2) of section 13;
(i) the rate of interest payable under clause
(b) of sub-section (/) of section 18; (j) the rate
of interest payable under sub-section (4) of section
19; (k) the rate of interest payable under
sub-section (7) of section 19;
(l) the manner of selection of Chairperson
and Members of Authority under section 22;
(m) the salaries and allowances payable to,
and the other terms and conditions of service
1.10 1. THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016