(1) If a promoter or an association or an apartment owners contravenes any provision of this Act or the rules, or commits a breach of any bye-law of the association or of the terms and conditions of the deed of apartment, or does anything detrimental to the health or-safety of the public, the competent authority may issue, either sue moto or on an application from the association or any person affected, a notice to show cause why penalty should not be levied, and if no sufficient cause is, shown levy for-each breach or contravention a penalty for each apartment upto a maximum of one percent of the price of the apartment, or one thousand rupees, whichever is greater, and a further minimum penalty for each apartment of one hundred rupees for each day that the breach of contravention continues.
(2) If the penalty is not paid, it may be recovered as an arrear of land revenue or may be prescribed.