In Section-17 of the said Act following amendments shall be made namely :-
(1) In Section 17(1) the words "with fine which may extend to two thousand rupees" shall be substituted by the words "with fine which may extend to one lakh rupees".
(2) In Section 17(1) clause (d) shall be added after clause (c).
6 �बहार गजट (असाधारण), 9 tuojh 2012
(3) The following proviso shall be added to Section 17 (1) :- ''Provided that if any Promoter contravenes the provision of Section 7(2)
(f) he shall, after the lapse of a period of six months from the date on which the possession of the Apartment was to be given, be punished with a fine as may be provided in the rules for every subsequent month of delay and the fine thus collected shall be paid to the owner/allottee of the Apartment."
(4) In Section 17(3), the words "which may extend to two lakh rupees" shall be added after the words "with fine" and the words "apart from the construction being stopped and the violation being ordered to be removed" after the words "or with both."
(5) The following new Section 17A and Section 17B shall be added After Section 17, namely :- "17A - Any Owner who contravenes the provisions of Section 7(2) (i) shall be punishable with a fine which may extend to fifty thousand rupees."
"17B - The fine imposed under Section 17A shall be treated and realizable as tax on property."