(1) No immovable property shall be acquired for and on behalf of the Temple, nor any transfer of any immovable property belonging to or endowed for any purpose of the Temple shall be effected save with the prior sanction of the State Government.
(2) “No jewellery or other valuable property or movable property of a nonperishable nature which is in possession of the Temple shall be transferred except,-
(a) With the sanction of the Chairman of Executive Committee, where the value of the property is up to rupees one lakh,
(b) With the sanction of the Executive Committee, where the value of property exceeds rupees one lakh but does not exceed two lakh and fifty thousand,
(c) With the sanction of the Board, where the value of the property exceeds rupees two lakh and fifty thousand, but does not exceed rupees five lakh,
(d) With the previous approval of the State Government and the sanction of the Board, where the value of the property exceeds rupees five lakh,”
(3) The State Government shall not grant any sanction under sub-section (1) or sub- section (2) unless it considers that the transaction is necessary or beneficial to the Temple and the consideration therefor is reasonable and proper.
(4) Any proposal for acquisition or transfer of immovable property shall be submitted in such form and contain such particular as may be prescribed.
(5) The State Government shall communicate its decision to the Chief Executive Officer within three months from the date of receipt of such proposal and, if no decision is communicated within such period, it shall be deemed that proposal has been sanctioned.