Amendment status not verified — confirm the current text below against the official source.
Powers of the Authority.- (1) Notwithstanding anything contained in any other law for the time being in force, the Authority shall have the following powers, namely:- (a) accept, acquire, hold, surrender, transfer or re-convey security (including security provided in a financing arrangement) of any kind in any form whatsoever; (b) borrow, lend, fund and/or facilitate financing of all Urban Mobility related investment seeking funds managed by the Authority, for the implementation of the projects, plans, schemes, and proposals included in the City Mobility Investment Program to ensure development of comprehensive, integrated and planned Urban Mobility in the Urban Mobility Region; 15 (c) devise regulations, guidelines and provide guidance and input to all Urban Transport Agencies, Infrastructure Development Agencies and Traffic Management Agencies on matters pertaining to data sharing, and data access and intellectual property rights of data collated and shared; (d) render advice or recommend for building sustainable operational frameworks for Urban Mobility systems included in schedule; (e) serve as the nodal agency for formulation of all policies, regulations, rules, procedures, protocols for ensuring effective governance of integrated Urban Mobility in the Urban Mobility Region; (f) promote Urban Transport Agencies to achieve inter-modal integration, including preparation of plans for physical, service and fare integration components and ensure implementation of such plans; (g) regulate new modes of Urban Mobility introduced by itself or any other agency, which is not within the ambit of the Motor Vehicles Act, 1988 (Central Act 59 of 1988) and take necessary measures in relation thereto; (h) monitor and audit compliance of all programmes, policies, plans and projects of all agencies related to Urban Mobility with the Comprehensive Mobility Plan and the City Mobility Investment Program; (i) monitor performance of the Urban Mobility system on parameters such as safety, efficiency, suitability, etc. and submit a report to the State Government at such intervals as may be specified in the regulations or as deemed necessary by the State Government; (j) recommend, monitor, and advise on levy, imposition, collection, recovery of fees, charges for parking, Urban Mobility facilities and fares for services of Urban Transport Agencies as may be notified time to time by relevant authorities; (k) monitor the use of funds for Urban Mobility and ensure audit of accounts and loans; (l) devise, oversee, and ensure co-ordinated enforcement of all mechanisms relating to traffic and Urban Mobility matters in consultation with concerned authorities to promote safety guidelines, including vehicular, pedestrian and road safety, with respect to Urban Mobility for the Urban Mobility Region as may be prescribed; (m) initiate shared programmes for augmenting human resource and technical capacities of all public agencies related to Urban Mobility; (n) mandate and co-ordinate sharing of data in such manner and format as specified in regulations by the Urban Transport Agencies, Infrastructure Development Agencies and Traffic Management Agencies, aggregators, individuals, or any other agencies generating, collecting, or having information on any matters relating to Urban Mobility services; (o) ensure enforcement of regulations made under this Act; and (p) such other powers as may be prescribed by rules. (2) Subject to the other provisions of this Act, the exercise of powers by the Authority under sub-section (1) shall override any rule, regulation, order, direction, notification, or any other action under any law made by the State Legislature for time being in force, that are inconsistent with such exercise of powers by the Authority. 16