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Section 124: Power of board to transfer property

Uttar Pradesh Municipalities Act, 1916State Act of Uttar Pradesh · Act 2 of 1916

124. (1) Subject to any restriction imposed by or under this Act, a Municipality may transfer by sale, mortgage, lease, gift, exchange or otherwise any property vested in the Municipality, not being property held by it one any trust the terms of which are inconsistent with the right to so transfer.

(2) Notwithstanding anything contained in sub-section (1) the board may, with the sanction of the [State Government], transfer to [Government], any property vested in the board, but not so as to affect any trust or public rights to which the property is subject.

(3) Provided that every transfer under sub-section (1), other than a lease for a term not exceeding one year, shall be made by instrument in writing sealed with the common seal of the municipality and otherwise complying with all conditions in respect of contracts imposed by or under this Act.

[(4) For safeguarding the interest of weaker section of the society in an urban area, the State Government may issue directions as it may think fit with respect to the acquired or vested land in a municipality. ]

Where this provision sits

ActUttar Pradesh Municipalities Act, 1916
Section124
Marginal notePower of board to transfer property
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, U. P. Act VII of 1949. Subs. for (Commissioner) by sec. 60 of U. P. Act VII of 1949.
  • substituted. Subs. by A. O. 1950 for (Provl. Govt.), which had been Subs. by the A. O. 1937 for (by Govt.).
  • inserted. Ins. by sec. 2 of U. P. Act no. 28 of 2009.

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