Amendment status not verified — confirm the current text below against the official source.
The objects of thc Authority shall be to promote and secure the Objecis and development of all or any of the areas comprised in the urban area and for functions of rllat p~rpose, tic Authority sMi have h c power rr, acquire by way of purciiasc, A-l!thcr!!;'. ~ransrer, exchange or gift, hold, managc, plan, develop and mortgagc or nth~ywae. dispose of ianti and r)E'nerprq)t:rry1 to cariy out by iweli'or tilroqh any agency on its behalf, building, enweering, mining and oher operations, to execute works in connection with supply of water4[treatmeut and disposal of sewage,suUage and stom~ water], conmi of pollution and any other services and amenities and generally to do anything, whh ;he priorapproval, or on direction, of the State Govermlt:~1t, fur catlying out kc purpuses of his kci. .kcqxlsi~c~ zzd Pispcsz! cf Lr.*r! -.. 4 1 When any land, othcr than the land owned by the Cenmal Acquisition oi ! Cirovernrnent, is required for the purposes of ibis Ac4 ihe Staie Guvemnreu4 h d - may, at thc request of the Authority proceed to acquire it wider the provisions ef thc LmdAcquisitinr! Act, ! 894l as amended fmm time to time, and on payrnen t by (he Auhu~ity oCtiii: c~i~~pei~sati~il awardcd.mdei that Act and ~f ~ii; ~'ulicr ~ h z i g ~ ~ iilciircd ;i a ~ c j ~ r k g t!~z !xd, the ! L Y ~ sh!? yes: i:: the Xuthonv. (2) For ihe purpcjs~ of the h n d Acquisition Act, 1 894, '[and any athcr law for the time being in force] the Authority shall be deemed to be a local authoriy.y.1 f 5. (1) Subjzct to my dicectioi~s given by the State Gover~in~entuidcr Dispusul uf laltd. this Act and to the provisions of sub-section (S), the Authority may dispose of- {a) any land acquired by it or transferred to it by the State Government without undcrtaking or carrying out any - I, deveiopment ihereon ; or