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(1) The appropriate Government may, while formulating
a policy on real estate sector (including review of laws related to real estate sector) or any other matter,
make a reference to the Authority for its opinion on possible effect of such policy or law on real estate
sector and on the receipt of such a reference, the Authority shall within a period of sixty days of making
such reference, give its opinion to the appropriate Government, which may thereafter take further action
as it deems fit.
(2) The opinion given by the Authority under sub-section (1) shall not be binding upon the
appropriate Government in formulating such policy or laws.
(3) The Authority shall take suitable measures for the promotion of advocacy, creating awareness and
imparting training about laws relating to real estate sector and policies.
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