(1) Notwithstanding anything contained in any law for the time being in force, no land shall, after the appointed day, be-
(a) tranferred whether by way of sale (including sale in execution of a decree of a Civil Court or of an award or order of any other competent authority) or by way of gift, exchange, lease or otherwise, or
(b) sub-divided (including sub-division by a decree or order of a Civil Court or any other competent authority) whether by 39[ partition, family arrangement] or otherwise.
except with the permission in writing of the Collector.
(2) The Collector may refuse to give such permission if in his opinion the transfer of sub-division of land is likely to defeat the object of this Act.
(3) In computing under the provisions of this Act, the area of surplus land, if any, held by a person, the transfer or sub-division of land made by or on behalf of, such person in contravention of sub-section (1) shall be ignored.
(4) Nothing in the foregoing provisions of this section shall apply to a person who hold land not exceeding the ceiling area.