Section 31: Cessation of powers given by licence under Section 30.

The Meghalaya Ropeway Act, 2022 (Act No. 14 of 2022)State Act of Meghalaya · Act 14 of 2022

(1) If a Promoter authorised by a licence to construct a ropeway does not, within the time specified in the licence:-

(a) succeed in raising the full amount of capital required for the completion of the ropeway;

(b) make, in the opinion of the State Government, substantial progress with the construction of the ropeway; or

(c) complete the construction thereof; the powers given to the Promoter by such licence shall, unless the Licensing Authority extends the time so specified, cease to be exercised.

Where this provision sits

Act	The Meghalaya Ropeway Act, 2022 (Act No. 14 of 2022)
Section	31
Marginal note	Cessation of powers given by licence under Section 30.
Jurisdiction	State of Meghalaya
Status	In force as published by the source

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