What is Establishment of Central Advisory Council under section 41 of The Real Estate (Regulation and Development Act, 2016). Establishment of Central Advisory Council is defined under Section 41 of the Act. Provisions under Section 41 are:
(1) The Central Government may, by notification, establish with effect from such date as it may specify in such notification, a Council to be known as the Central Advisory Council.
(2) The Minister to the Government of India in charge of the Ministry of the Central Government dealing with Housing shall be the ex officio Chairperson of the Central Advisory Council.
(3) The Central Advisory Council shall consist of representatives of the Ministry of Finance, Ministry of Industry and Commerce, Ministry of Urban Development, Ministry of Consumer Affairs, Minstry of Corporate Affairs, Ministry of Law and Justice, Niti Aayog, National Housing Bank, Housing and Urban Development Corporation, five representatives of State Governments to be selected by rotation, five representatives of the Real Estate Regulatory Authorities to be selected by rotation, and any other Central Government department as notified.
(4) The Central Advisory Council shall also consist of not more than ten members to represent the interests of real estate industry, consumers, real estate agents, construction labourers, non-governmental organisations and academic and research bodies in the real estate sector.
The Real Estate (Regulation and Development) Act, 2016
CHAPTER VI CENTRAL ADVISORY COUNCIL
Section 41 : Establishment of Central Advisory Council
Section 42 : Functions of Central Advisory Council
CHAPTER VII THE REAL ESTATE APPELLATE TRIBUNAL
Section 43 : Establishment of Real Estate Appellate Tribunal
Section 44 : Application for settlement of disputes and appeals to Appellate Tribunal
Section 45 : Composition of Appellate Tribunal
Section 46 : Qualifications for appointment of Chairperson and Members
Section 47 : Term of office of Chairperson and Members
Section 48 : Salary and allowances payable to Chairperson and Members
Section 49 : Removal of Chairperson and Member from office in certain circumstances
Section 51 : Officers and other employees of Appellate Tribunal
Section 53 : Power of Tribunal
Section 54 : Administrative powers of Chairperson of Appellate Tribunal
Section 55 : Vacancies not to invalidate proceeding of Appellate Tribunal
Section 56 : Right to legal representation
Section 57 : Orders passed by Appellate Tribunal to be executable as a decree
Section 58 : Appeal to High Court
CHAPTER VIII OFFENCES, PENALTIES AND ADJUDICATION
Section 59 : Punishment for non registration under section 3