Amendment status not verified — confirm the current text below against the official source.
Promoter may fix rates.-The promoter shall, for the purposes of working an aerial ropeway, and subject to such maximum 1[XXX] rates as may be prescribed or ordered, have power, from time to time, to fix the rates for the carriage of passengers, animals or goods on the aerial ropeway. 2[18-A. Fixation of fare rates of Public Private Partnership and Built Operate and Transfer Ropeway Projects.- (1) The State Government, on the recommendations of the Expert Committee, shall fix and notify the maximum limit of the fare rates for the Ropeway Projects build under Public Private Partnership (PPP) and Built Operate and Transfer (BOT) mode. (2) Every application made under this section for fixation of fare rates shall be decided within a period of 90 days from the date of receipt of such application, failing which the application shall be deemed to have been accepted for fixation of fare rates.]