Amendment status not verified — confirm the current text below against the official source.
(1) The certificate of registration or the permission for construction of building granted to a promoter under section 3 shall, subject to the provisions of sub-section (2) of this section, remain valid for a period of three years from the date of issue of such certificate or grant of such permission, as the case may be: Provided that the authorised officer may, from time to time, extend the period of validity of the certificate of registration or the permission for construction of building; so, however, that the total period of such extension shall not, in either case, exceed two years: Provided further that, if the promoter cannot complete the construction of such building within the total period of five years for circumstances beyond his control, he may make an application to the State Government for extending the period of validity of the certificate of registration for construction of such building, and the State Government may, on receipt of such application, extend the said period of five years by such further period as it thinks fit. (2) Notwithstanding anything contained in sub-section (1), a certificate of registration may be cancelled by the authorised officer by an order in writing if— (a) the statement or any part thereof furnished by the promoter under sub-section (2) of section 3 is subsequently found to be false or incorrect; or (b) the promoter becomes subject to any of the disqualifications mentioned in sub-section (4) of section 3; or (c) the promoter, in course of the construction of any building, uses sub-standard materials or violates any rules or established practices regulating the construction of building: Provided that no certificate of registration shall be cancelled without giving the promoter an opportunity of being heard.