*[(1) The Authority may dispose of –
(a) residential tenements in the building constructed by it on any of the following basis namely:-
(i) out-right sale,
(ii) hire-purchase,
(iii) rental; and
(b) Commercial tenements in the building constructed by it by outright sale.]
(2) The Authority shall lay down the manner in which the sale price, the hire purchase installment or the rent is to be determined.
+ The word 'residential' deleted, and * Substituted by notification No.ARD.1080/943 – IX dated
18.11.1982.
12.All disposal to be by public notice.
+[(1)] As soon as any residential tenements in a scheme are ready for disposal, either on account of new construction, completed or proposed, or on account of vacancies caused in the existing tenements, the Authority shall invite applications by a notice to be published in a manner laid down by the Authority :
*[Provided that such a notice may not be published if there is in force a waiting list of applicants for that scheme in respect of the same group of tenements prepared in pursuance of the provisions in the regulations made in that behalf.]
#[(2) As soon as any commercial tenements are ready for disposal, either on account of new construction, or development of a commercial centre, completed or proposed, or on account or vacancies caused in the existing tenements, the Authority shall invite tenders by a notice to be published in a manner laid down by the Authority.]
+ Renumbened as sub-rule(1) and #Sub-rule (2) inserted by Notification No.ARD 1080/943-IX dated
18.11.1982 *Proviso substituted by Notification No.1083/(1297/IX dated 22.10.1984.
PART - IV MISCELLANEOUS