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Section 27 : Restrictions on Chairperson or Members on employment after cessation of office - The Real Estate (Regulation and Development) Act, 2016

What are the Restrictions on Chairperson or Members on employment after cessation of office under section 27 of The Real Estate (Regulation and Development Act, 2016). Restrictions on Chairperson or Members on employment after cessation of office is defined under Section 27 of the Act. Provisions under Section 27 are:

Section 27 "Restrictions on Chairperson or Members on employment after cessation of office" - The Real Estate (Regulation and Development Act, 2016)

 

(1) The Chairperson or a Member, ceasing to hold office as such, shall not-

(a) accept any employment in, or connected with, the management or administration of, any person or organisation which has been associated with any work under this Act, from the date on which he ceases to hold office:

Provided that nothing contained in this clause shall apply to any employment under the appropriate Government or a local authority or in any statutory authority or any corporation established by or under any Central, State or provincial Act or a Government Company, as defined under clause (45) of section 2 of the Companies Act, 2013, which is not a promoter as per the provisions of this Act;

(b) act, for or on behalf of any person or organisation in connection with any specific proceeding or transaction or negotiation or a case to which the Authority is a party and with respect to which the Chairperson or such Member had, before cessation of office, acted for or provided advice to, the Authority;

(c) give advice to any person using information which was obtained in his capacity as the Chairperson or a Member and being unavailable to or not being able to be made available to the public;

(d) enter into a contract of service with, or accept an appointment to a board of directors of, or accept an offer of employment with, an entity with which he had direct and significant official dealings during his term of office as such.

(2) The Chairperson and Members shall not communicate or reveal to any person any matter which has been brought under his consideration or known to him while acting as such.

 

The Real Estate (Regulation and Development) Act, 2016

Section 21 : Composition of Authority

Section 22:  Qualifications of Chairperson and Members of Authority

Section 23 : Terms of office of Chairperson and Members

Section 24:  Salary and Allowances payable to Chairperson and Members

Section 25 : Administrative powers of Chairperson

 

 

Section 26 : Removal of Chairperson and Members from office in certain circumstances

Section 27 : Restrictions on Chairperson or Members on employment after cessation of office

Section 28 : Officers and other employees of Authority

Section 29 : Meetings of Authority

Section 30 : Vacancies, etc., not to invalidate proceeding of Authority

 

 

Section 31 : Filing of complaints with the Authority or the adjudicating officer

Section 32 : Functions of Authority for promotion of real estate sector

Section 33 : Advocacy and awareness measures

Section 34 : Functions of Authority

Section 35 : Powers of Authority to call for information conduct investigations

 

 

Section 36 : Power to issue interim orders

Section 37 : Powers of Authority to issue directions

Section 38 : Powers of Authority

Section 39 : Rectification of orders

Section 40 : Recovery of interest or penalty or compensation and enforcement of order, etc

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