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[Cites 0, Cited by 0] [Section 118] [Entire Act]

State of Nagaland - Subsection

Section 118(2) in Nagaland Municipal Act, 2001

(2)The Municipality may, -
(a)Dispose of, by the sale or otherwise, any movable property belonging to the Municipality; and
(b)With the prior approval of the Government, sell, mortgage, gift or grant a lease of any immovable property belonging to the Municipality:
Provided that no such prior approval of the Government shall be necessary in the case of a lease by public auction of any immovable property for a period of five years.