Amendment status not verified — confirm the current text below against the official source.
The Authority may enter into collaboration with a promoter or national or international agency to jointly undertake implementation of any development work within the framework of an approved plan on such terms and conditions as may be mutually agreed. Such collaboration may include provision for facilities including shelter for economically weaker sections or sharlnq of developed plots and built 38 Rules for regulating development by private andjoint sec- tor. Reference to Arbitrator in case of dis- pute. Fund of the A uthority and it:} applica- tion. spaces or sharing of profits: Provided that where the collaboration is with an international agency, prior approval of the Government shall be necessary.