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Section 76: Crediting sums realised by way of penalties to Consolidated Fund of India or State account.

The Real Estate (Regulation and Development) Act, 2016.Central Act · Act 16 of 2016

(1) All sums realised, by way of penalties, imposed by the Appellate Tribunal or the Authority, in the Union territories, shall be credited to the Consolidated Fund of India.

(2) All sums realised, by way of penalties, imposed by the Appellate Tribunal or the Authority, in a State, shall be credited to such account as the State Government may specify.

Where this provision sits

ActThe Real Estate (Regulation and Development) Act, 2016.
Section76
Marginal noteCrediting sums realised by way of penalties to Consolidated Fund of India or State account.
JurisdictionCentral
StatusIn force as published by the source

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