Amendment status not verified — confirm the current text below against the official source.
(1) No sale or mortgage of any immovable property of a kutumba and no lease of any such property either for a premium returnable wholly or in part or for a period exceeding five years, shall be valid, unless it is executed by the yajaman, for consideration, for kutumba necessity or benefit and with the written consent of the majority of the major members of the kutumba. (2) No lease of any immovable property of a kuturnba in cases not referred to in sub-section (1) shall be valid unless it is executed by the yajaman and where the Malabar Tenancy Act, 1929 confers fixity of tenure on the lessee, unless also the written consent of the majority of the major members of the Kutumba has been obtained to the lease. (3) Nothing contained in sub-section (1) or sub-section (2) shall be deemed to affect the validity of any mortgage or lease executed on or before the 27th July, 1950 in accordance with the law in force at the time of such execution.] Substituted by Act 33 of 1951.