Section 43
Section 43 of the Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019). The State Government may, on the recommendation of the Authority by notification, levy a cess on property, lands and buildings in the notified area or any part thereof, at such rate, as may be determined, from time to time: Provided that the cess shall be levied only for the purpose of payment of in
(1) The State Government may, on the recommendation of the Authority by notification, levy a cess on property, lands and buildings in the notified area or any part thereof, at such rate, as may be determined, from time to time:
Provided that the cess shall be levied only for the purpose of payment of interest and repayment of loans, bonds or debentures borrowed, by the Authority from sources other than the State Government, specifically for the purposes of implementation of the infrastructure development plan or the plan for sustainable management of the urban environment and for no other purpose:
Provided further that if any surplus on account of the cess remains after payment of such sums as are permissible under the first proviso, then such surplus shall be returned or adjusted, as the case may be, in such manner, as may be specified by regulations. The cess may be levied at different rates for different areas and for different classes (2) of properties.
(3) The cess shall be collected by the local authority within whose areas the properties are situated as if the cess were a property tax levied by it under the law governing such local authority and shall first be credited to the Consolidated Fund of the State.
(4) The State Government shall after the appropriation made by the State Legislature by law in this behalf pay to the Authority, from time to time, the entire proceeds of the cess credited to the Consolidated Fund of the State for being utilised by the Authority for the purposes of this Act.
Section 43, The Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019) (Act 9 of 2019).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Referred to by 1
Questions about Section 43
How do I find court cases under Section 43 of the Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019)?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019) 43, section 43 Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019), section 43 of the Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019). Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 43 of the Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019), and has it changed?
1 other provision in this corpus refers back to it.
When was the Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019) enacted?
Faridabad Metropolitan Development Authority Act, 2018 (9 of 2019) was enacted in 2019 as Act 9 of 2019. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Read from the Government's own scanned gazette with Azure Document Intelligence, then split into sections by their numbering. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/07fe4ce6-8faa-4a67-9319-1081133af9ad.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/6fdb6f6c-77c2-4e79-8211-4abe2e09fadc/content). This page is not a substitute for legal advice.