Amendment status not verified — confirm the current text below against the official source.
(1) Premises, land or the amenities developed or to be developed in the scheme area by the Agency shall be allotted in accordance with transparent procedure laid down by the Agency. (2) Where any transferee makes-any default in the payment of any consideration money or installment thereof or any other amount due on account of the allotment or transfer of any premises, land or the amenities' by the Agency or any rent or charges due to the Agency in respect of any lease, or where any transferee or occupier makes any default in the payment of ally charges or fee under this Act, the Chief Executive Officer of the agency may direct that, in addition to the amount of arrears, a further sum in the form of interest and/or penalty shall be recovered from the transferee or occupier, as the case may be, as prescribed. Merger • 01. division of a plot. Penalty for unauthorized development, building construction or for use other than in conformity ‘vith the develop. meat plan and scheme. Power to require removal of unauthorized development. Appeal against order of the Agency. Allotment, recovery of arrears, penalty and forfeiture for breach of conditions. ,fr ••• _ r