490Dissolution of the Corporation.

¹ [490. Dissolution of ²[³[the Corporation]]--(1) If, in the opinion of the Central Government, ²[³[the Corporation]] persistently makes default in the performance of the duties imposed on it by or under this Act or exceeds or abuses its powers, the Central Government may by an order published, together with a statement of reasons therefor, in the Official Gazette, dissolve ²[³[the Corporation:
Provided that ²[³[the Corporation]] shall be given a reasonable opportunity of being heard before its dissolution.
(2) When ²[³[the Corporation]] is dissolved by an order under sub-section (1),--
(a) all councillors shall, on the date of the dissolution, vacate their office as such councillors and the persons referred to in clause (b) of sub-section (3) of section 3 shall cease to be represented in ²[³[the Corporation]];
(b) during the period of dissolution of ²[³[the Corporation]], all powers and duties conferred and imposed upon ²[³[the Corporation]] by or under this Act or any other law, shall be exercised and performed by such officer or authority as the Central Government may appoint in that behalf;
(c) all property vested in ²[³[the Corporation]] shall, until it is re-constituted, vest in the ⁴[Government].
(3) An election to constitute ²[³[the Corporation]] shall be completed before the expiration of a period of six months from the date of its dissolution.
(4) An order of dissolution made under this section together with a statement of the reasons therefor shall be laid before each House of Parliament and the Legislative Assembly of the National Capital Territory of Delhi as soon as may be, after it has been made.