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[Cites 0, Cited by 0] [Section 15(4)] [Section 15] [Entire Act]

NCT Delhi - Subsection

Section 15(4)(a) in The Delhi Apartment ownership Act, 1986

(a)enabling the Board to retain certain areas of the building for commercial purposes and to grant lease of the areas so retained, and to apply the proceeds of such lease for the reduction of the common expenses for maintaining the building, common areas and facilities, and if any surplus is left after meeting such expenses to distribute such surplus to the apartment owners as income.