Bare ActsThe Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983

Section 35

Provision regarding transfer of immovable property of committee.

Amendment status not verified — confirm the current text below against the official source.

( 1 ) Notwithstanding anything contained in clause ( 3 ) of section 32, a committee shall not, except with the previous permission of the State Government, transfer by sale, lease, exchange, mortgage, or otherwise, any land vesting in it or acquired by it and situated in the market yard. ( 2 ) Subject to the provisions of sub-section ( 1 ), the committee may dispose of by sale, lease, exchange, mortgage, or otherwise any building, stall, shop, stand, pen or things attached to the land or permanently fastened to anything attached to the land, subject to such conditions (including for charging of fees or rent or, compensation for use and occupation of any building, stall, shop, stand, pen or things attached to the land or permanently fastened to anything attached to the land where necessary) and such limitations as may be determined by by-laws made for the purpose.

Section 35 – The Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983 | DailyLaw.ai