(1) Where a development work f6rwhich licence is granted envisages provision of developed plots or built-up space; such percentage of the plots or built-up space shall be reserved for economically weaker sections of the society, as may be mutually agreed, and the cost of development of such reserved developed plots or built-up space shall be fully or partly, as may be agreed, distributed over developed plots or the built spaces meant for allottees other than economically weaker sections.
(2) The developed plots or built-up space reserved for economically weaker sections of the society shall be allotted by the promoter to only those beneficiaries who are identified by the Authority, at such cost as may be mutually agreed.
79. Where a licence has been granted for providing or maintaining or both providing and maintaining any amenity, utility, service or facility, the Authority may permit the promoter to recover the capital and maintenance cost by way of collection of users charges as may be agreed upon in the manner prescribed under regulations.
80. The Authority may enter into collaboration with a promoter or national or international agency to jointly undertake implementation of any development work within the framework of an approved plan on such terms and conditions as may be mutually agreed. Such collaboration may include provision for facilities including shelter for economically weaker sections or sharlnq of developed plots and built 38 Rules for regulating development by private andjoint sector.
Reference to Arbitrator in case of dispute.
Fund of the Authority and it:} application.
spaces or sharing of profits:
Provided that where the collaboration is with an international agency, prior approval of the Government shall be necessary.
81. The Government shall frame rules for regulating development works by private-sector and under joint-sector.
82. If any dispute arises out of any agreement entered into with the promoter by the Authority, it shall be referred to the Arbitrator appointed by the Government under the Arbitration Act. 1940.
CHAPTER -XII t=INANCE, ACCOUNTS AND AUDIT