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Section 11: Prohibited sub-leases and exceptions therein

Goa-IDC Transfer & Sub-Lease Regulations, 2014 - In exercise of the powers conferred by clause (d) of sub-section (1) of section 51 of the…State Regulations of Goa · 1965

(i) Prohibited sub-leases.—

(a) Sub-lease of plot/land.

(b) Sub-leases which result in change in use of the plot in the descending order of the categories listed under (1), (2), (3), (4) and (5) be1ow:—

(1) Industrial Undertaking;

(2) Institutions;

(3) Service Industry;

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(4) Utilities;

(S) Commercial activity.

(c) Sub-lease of building without occupancy certificate issued by the Corporation.

(d) Sub-lease from any of the categories (1), (2), (3), (4), (5) listed above to a new liquor or tobacco manufacturing products.

(ii) Exceptions to the prohibited leases:

(a) Sub-leases for categories listed under Schedule—IB.

(b) Sub-lease of an existing liquor industry or tobacco industry to another liquor industry or tobacco industry.

(iii) Action in the event the possession is handed over in categories covered under prohibited sub- leases.— In an event the allottee hands over the possession of the plot to a third party under the category of prohibited sub-leases specified under clause 11 (i) above, the Corporation shall summarily re-enter upon and resume the possession of the plot.

Where this provision sits

ActGoa-IDC Transfer & Sub-Lease Regulations, 2014 - In exercise of the powers conferred by clause (d) of sub-section (1) of section 51 of the Goa Industrial Development Corporation Act, 1965, the Goa In…
Section11
Marginal noteProhibited sub-leases and exceptions therein
JurisdictionState of Goa
StatusIn force as published by the source

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