Bare ActsThe PUNJAB AERIAL ROPEWAYS ACT, 1926

Section 25

Amendment status not verified — confirm the current text below against the official source.

Where, on the expiration of any of the periods Power of pro- referred to in section 24, neither the *[Central Govern- ™°t’r eoae - ment] nor a local authority purchase the undertaking, purchase _ not and the order published under section 17 is, on the exercised | and application or with the consent of the promoter revo- ae ked, the promoter shall have the option of disposing of all lands, buildings, works, materials, plants and apparatus belonging to the undertaking in such manner as he may think fit. ‘Substituted for the words “State Government” by the Punjab Reorganisation (Chandigarh) (Adaptati tL b current Subjects) Order,

Section 25 – The PUNJAB AERIAL ROPEWAYS ACT, 1926 | DailyLaw.ai