Amendment status not verified — confirm the current text below against the official source.
(1) No Grama Parishad shall, without the previous sanction of the State Government alienate or trans'fer any land vested in it or any 'right or interest therein : Provided that the Grama Parishad may, with P o w of Grama pari- the previous sanction of the Col!ector exchange lands shad to transfcr and for the purpose of securing consolidation of holding alienate land. or hypothecate the lands vasted in it in favour of the State Government or a Co-operative Society or Land Development Bank or any scheduled bank within the meaning of the Reserve Bank of India oi 1934 Act, 1934 for the purpose of securing a loan. (2) Any transaction made in contravention of sub-section (1) shall be nu11 and void. 6 1 4 THE ORISSA BHOODAN AND GRAMDAN ACT, 1970 [Or. Act Manngcmnt