What are the Grants and loans by Central Government and Grants and loans by State Government under section 73 and 74 of The Real Estate (Regulation and Development Act, 2016). Grants and loans by Central Government and Grants and loans by State Government are defined under Section 73 and 74 of the Act. Provisions under Section 73 and 74 are:
The Central Government may, after due appropriation made by Parliament in this behalf, make to the Authority grants and loans of such sums of money as that Government may consider necessary.
The State Government may, after due appropriation made by
State Legislature by
law in this behalf, make to the Authority, grants and loans of
such sums of money as the State Government may think fit for
being utilised for the purposes of this Act
The Real Estate (Regulation and Development) Act, 2016
Section 61 : Penalty for contravention of other provisions of this Act
Section 62 : Penalty for non registration and contravention under sections 9 and 10
Section 63 : Penalty for failure to comply with orders of Authority by promoter
Section 64 : Penalty for failure to comply with orders of Appellate Tribunal by promoter
Section 65 : Penalty for failure to comply with orders of Authority by real estate agent
Section 66 : Penalty for failure to comply with orders of Appellate Tribunal by real estate agent
Section 67 : Penalty for failure to comply with orders of Authority by allottee
Section 68 : Penalty for failure to comply with orders of Appellate Tribunal by allottee
Section 69 : Offences by companies
Section 70 : Compounding of offences
Section 71 : Power to adjudicate
Section 72 : Factors to be taken into account by the adjudicating officer
CHAPTER IX FINANCE, ACCOUNTS, AUDITS AND REPORTS
Section 73 : Grants and loans by Central Government
Section 74 : Grants and loans by State Government
Section 75 : Constitution of Fund
Section 77 : Budget accounts and audit
CHAPTER X MISCELLANEOUS
Section 79 : Bar of Jurisdiction