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[Cites 0, Cited by 0] [Section 15A] [Entire Act]

State of Maharashtra - Subsection

Section 15A(5) in The Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971

(5)The Slum Rehabilitation Authority, subject to such terms and conditions as it may consider expedient for securing the purposes of this Act, shall lease that part of land on which free sale component of the Slum Rehabilitation Scheme shall be constructed, or is being constructed, to the Developer of such Scheme or to the Organisation or Association or Company or Co-operative Society formed by the purchasers of such free sale area on thirty years' lease at such annual lease rent as may be prescribed from time to time, and such lease shall be renewable for a further period of thirty years on the same terms and conditions.]