20Establishment and incorporation of Real Estate Regulatory Authority
(1) The appropriate Government shall, within a period of one year from the date of coming into force of this Act, by notification, establish an Authority to be known as the Real Estate Regulatory Authority to exercise the powers conferred on it and to perform the functions assigned to it under this Act:
Provided that the appropriate Government of two or more States or Union territories may, if it deems fit, establish one single Authority:
Provided further that the appropriate Government may, if it deems fit, establish more than one Authority in a State or Union territory, as the case may be:
Provided also that until the establishment of a Regulatory Authority under this section, the appropriate Government shall, by order, designate any Regulatory Authority or any officer preferably the Secretary of the department dealing with Housing, as the Regulatory Authority for the purposes under this Act:
Provided also that after the establishment of the Regulatory Authority, all applications, complaints or cases pending with the Regulatory Authority designated, shall stand transferred to the Regulatory Authority so established and shall be heard from the stage such applications, complaints or cases are transferred.
(2) The Authority shall be a body corporate by the name aforesaid having perpetual succession and a common seal, with the power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by the said name, sue or be sued.
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- 20 Establishment and incorporation of Real Estate Regulatory Authority
- 21 Composition of Authority
- 22 Qualifications of Chairperson and Members of Authority
- 23 Term of office of Chairperson and Members
- 24 Salary and allowances payable to Chairperson and Members
- 25 Administrative powers of Chairperson
- 26 Removal of Chairperson and Members from office in certain circumstances
- 27 Restrictions on Chairperson or Members on employment after cessation of office
- 28 Officers and other employees of Authority
- 29 Meetings of Authority
- 30 Vacancies, etc., not to invalidate proceeding of Authority
- 31 Filing of complaints with the Authority or the adjudicating officer
- 32 Functions of Authority for promotion of real estate sector
- 33 Advocacy and awareness measures
- 34 Functions of Authority
- 35 Powers of Authority to call for information, conduct investigations
- 36 Power to issue interim orders
- 37 Powers of Authority to issue directions
- 38 Powers of Authority
- 39 Rectification of orders
- 40 Recovery of interest or penalty or compensation and enforcement of order, etc