Where, on the expiration of any of the periods referred to in section 24 neither the Government nor local authority purchases the undertaking and the order published under section 7 is on the application or with the consent of the promoter revoked, the promoter shall have the option of disposing of all lands, buildings, works, materials, plants and apparatus belonging to the undertaking in such manner as he may think fit.
Section 25: Power of promoter to sell when option to purchase not exercised and revoked by consent.
The Jammu and Kashmir Aerial Ropeways Act, 2002Union territory Act of Jammu and Kashmir · Act 12 of 2002
Where this provision sits
| Act | The Jammu and Kashmir Aerial Ropeways Act, 2002 |
|---|---|
| Section | 25 |
| Marginal note | Power of promoter to sell when option to purchase not exercised and revoked by consent. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
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