# The Real Estate (Regulation & Development) Act, 2016, Section 76

- Act: The Real Estate (Regulation & Development) Act, 2016 (Act 16 of 2016)
- Source URL: https://indiacode.ecourtsindia.com/real-estate-regulation-development-act-2016-jharkhand/section/76/

## Text

(1) All sums realised, by way of penalties, imposed by the Appellate Tribunal or the Authority, in the Union terriroties, shall be credited to the Consolidated Fund of India. (2) All sums realised, by way of penalties, imposed by the Applellate Tribunal or the Authority, in a State, shall be credited to such account as the State Government may specify. Grants and loans by Central Government. Grants and loans by State Government. Constitution of Fund. Crediting sums realised by way of penalties to Consolidated Fund of India or State account. Budget, accounts and audit.

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