Amendment status not verified — confirm the current text below against the official source.
Pow:;!r to borrow money.- The Authority may also borrow rno:,ey l way of loans or debentures from such sources. (other than the Stai.e and 11 Central Government) and on such. terms and conditions as may be approved I the State Oovemment. 4!6. Sin!ii11g fllnci.-(1} The Authority sl 1all maintain a sinfong tunrl for ti re-payment of moneys borrowed under section 44 and shall pay ev.ery ymi Jr the sinking funds such sum as may be sufficient for ,e-payment withrn the p riod fixed of all moneys so borrowed. (2) The sJnking fund or par! thereof shall be appned: in ex towards the rj charge of lhe loan .or which such fund was created, and unlil such loan wholly discharged i1 shail not be applied for any other purpose. /47. Sualgei oi the ;1,uir;o,ily.--The Authority shall prepare every year. such fonn and al such time, as may be prescribed by rules. a budget ir- resp, of the financial year next ensuing showing the estimated receipts a Commer.is and case-Iaw [illegal construction.-Tho proviso -to section 54 envisages notice of pro- posed demo:ilion only to owners and not to individual occupiers or tenants ot the ' illegaliy constructed orerniscs proposed to be demolished. Srikrishnapuri Boring Road Vyapari Sangi1 vs. State of Biha1; 19S5 ('I) BL.JR 259 : ·1994 (2) PLJ8 418. ii iE well sottlqd that the High Court in exercise of its writ jurisdiction may ,1oi grani relief if that amounts to perpetuating an illega!ity. Occupiers of unauthorisedly constructed buildings have no locus standi to challegc action of demolition or illegallv constructed building. il:Jid.J CHAPTIER vrn SUPPLEMENTARY AND MISCELLANEOUS PROVISIONS ;5't. ;::,,(.;fusion oi claim foll' fosing com1)ermaied ·)ot· iu1jwry.-No comoen- saiion shall be awarded if and in so far as an11 property or any right or interest rr :rcln is alleged lo 00 injuriously al'fected by reason of the provisions o" this ,~c, or in consequence of the removal of any development war: .. urder Section . :3!" or Sectior 53. !.::=:. t~C:'!n@l1ies. -(1) Any person who whether at his owr. instance or at the instance oi any other person or any body (i:lcluding a local body. body corporate or a Department oi Government) undertakes or carries out any devclooment work i:1 contravention of the Regional Development Plan, the Ma.star Plan or the Zonal Development Plan. or without the permission, approval or sanction referreC: to in Sections 35 and 36 or in contravention of any condilior:s subject to which such perrrussion, approval or sanction· has been granted, shai! be punishable with. fine which may extend to ten thousand rupees and simple imprisonment for a term of one year and in the case of a continuing _o;1ence, with a turtner fine which may amend to five hundred rupees for every day during whic·1 such ortenr.e continues .::.i'ter conviction to ihe firs\ commission of tho offence. (2) A1y person who uses any land or building in contravention of the provi- sions of Section t!--: or in contravention of any terms or conditions prescribed by regulations under the proviso·to that section shall be punishable with 'line which -·-' ---• '·- r-:.,~ .-.1,,~,.,..-cmrl r11noo,o ~nrl in thA C:PS8 of 2. continuinq offence, e::penci1Wre of the Authority and shall forward to the Stale Government s.rch number or copies thereof as may be prescribed by rules. · ,~o . .f...1Jdi~.-{1) The audit of t;,e Accounts of the Authority shall be made by such person as may be appointed by the State Government. (2) Tho av.di! r,hdl be made in such manner as may be prescribed by rules (3) The auditor shall suomlt his audit report to the Authority and shall iorward a copy thereof lo the State Government ?:·. Anm,al Repori.-The Authority shall prepare for every year a ,~part .of i,~ activities during that year and· submit the report to tho State Gov(p, nment in such form and on or before such date as ma~, be prescribed by rules. ~o. "ft~;-:,~d.'J ~~:!,&?~· ~. rn ~~ <imr ~ift ~~~ i!r.11 ~:J"R9 ~\~ ~ .... •.. ~ ~~ -i, ~~-...... ~ -~ ' ' ~ ,.;,, '":f ·~ufc:w1ii0-!lf&<-~ ~ "1':),'ill~fi "'l"l"'r <>m GS\. ~I~~ '?ilffl" ~j 'i:f'-tl ~i'b .. .-~~, ~:ih- ~c!il ~ ~ -~ ~ ~ 31~ c.r, 'fu."lll· ~ atk ~~ ·::-:-..:i~q::;ir::'· 'iii"ifll' ~- f.r-wr "i;S ~~ m· 3~ Glff'.f ~ f~ra:.r ·m--.,;;- -~ 3~ ~n ~-~tr~-~~.-. -~t-1~i I Bihar Regional Development Authority Act, 1974 [ Secs 48-&2 s e 1 CJ J Secs. 53-54 J Bihar Regional Development Authority Act, 1974 I ~ with a futher tine I rhich may sxtend to two hundred and fifty rupees to ver day during which uUch offence continues after conviction for the first comm:s sion of the offence · (3) Any persot who obstructs U1e entry of a person authorisec undei ihe Ac to enter into or up0q any land or building or molests such psrson aftei surn ent11 shall be punishable with imprisonment tor a term which may extend to Sil months, or with 'ini:: which may extend to one thousand rupees or with both (4) Where such deve!opment is not discontinued in pursuance or trre oroe under sub-section 1) the Authority or a duly authorised officer of the Aulhorri) may require any police officer to remove the person by whom the developrnen has been commenced and all his assistants and workmen from ihe place o development within such time as may be ·specified in ;he requisition arid suer police officer shall comply with the requisition accordingly.