Bare ActsThe Real Estate (Regulation And Development ) Act, 2016

Section 27

(1) The Chairperson or a Member

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

(1) The Chairperson or a Member. ceasing to hold office as such, shall not— (a) accept any employment in. or connected with. the management or administration of, any person or organisation which has been associated with any work under this Act, from the date on which he ceases to hold office: Provided that nothing contained in this clause shall apply to any employment under the appropriate Government or a local authority or in any statutory authority or any corporation established by or under any Central, State or provincial Act or a Government Company, as defined under clause (45) of section 2 of the Companies Act, 2013, which is not a promoter as per the provisions of this Act; (b) act, for or on behalf of any person or organisation in connection with any specific proceeding or transaction or negotiation or a case to which the Authority is a party and with respect to which the Chairperson or such Member had. before cessation of office, acted for or provided advice to. the Authority; (c) give advice to any person using information which was obtained in his capacity as the Chairperson or a Member and being unavailable to or not being able to be made available to the public; (d) enter into a contract of service with. or accept an appointment to a borad of directors of. or accept an offer of employment with. an entity with which he had direct and significant official dealings during his term of office as such. (2) The Chairperson and Members shall not communicate or reveal to any person any matter which has been brought under his consideration or known to him while acting as such. x/MI“he appropriate Government may. in consultation with the Authority appoint such officers and employees as it considers necessary for the efficient discharge of their functions under this Act who would discharge their functions under the general superintendence of the Chairperson. Scanned by CamScanner Administrative powers of Chairperson. Removal of Chairperson and Members from office in certain circumstances. Restrictions on Chairperson or Members on employment after cessation of office. Officers and other employees of Authority. Meetings of Authority. Vacancies. etc., not to invalidate proceeding of Authority. Filing of complaints with the Authority or the adjudicating officer. wk— Functions of Authority for promotion of real estate sector. 20 THE GAZETTE OF INDIA EXTRAORDINARY [PART II— (2) The sal service of, s and allowances a able to and the other terms and conditions of e oiiicers and 0fthe employees oftheAuthority a on ed und - 1 t e suc , 5 may r s , . PP 1 er sub section (1) of 29d”) 'I'he Authority shall meet at such places and times, and shall follow such rules PIOCC lire In regard to the transaction of business at its meetings, (including quomm at “Ch meetings), as may be specified by the regulations made by the Authority. (2) If the Chairperson for any reason, is unable to attend a meeting of the Authority, any other Member chosen by the Members present amongst themselves at the meeting, shall presrde at the meeting. (3) All questions which come up before any meeting of the Authority shall be decided by a majority of votes by the Members present and voting, and in the event of an equality of votes, the Chairperson or in his absence, the person presiding shall have a second or casting vole. {4) The questions which come up before the Authority shall be dealt with as expeditiously as possible and the Authority shall dispose of the same within a period of sixty days from the date of receipt of the application: Provided that where any such application could not be disposed of within the said period of sixty days, the Authority shall record its reasons in writing for not disposing ofthe application within that period.

Section 27 – The Real Estate (Regulation And Development ) Act, 2016 | DailyLaw.ai