# The Real Estate (Regulation And Development ) Act, 2016, Section 59

- Act: The Real Estate (Regulation And Development ) Act, 2016 (Act 17 of 2016)
- Source URL: https://indiacode.ecourtsindia.com/real-estate-regulation-development-act-2016-tripura/section/59/

## Text

(1) If any promoter contravenes the provisions of section 3, he shall be liable to a penalty which may extend up to ten per cent. of the estimated cost of the real estate project as determined by the Authority. (2) If any promoter does not comply with the orders, decisions or directions issued under sub-section (1) or continues to violate the provisions of section 3, he shall be punishable with imprisonment for a term which may extend up to three years or with fine which may extend up to a further ten per cent. of the estimated cost of the real estate project, or with both. 38 of 1949. (c) "cost accountant" means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 or any other law for the time being in force and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act; (1) Every order made by the Appello orang secti 23 of 1959. 5 of 1908. Punishment for non-registration under section 3. Right to legal representation.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.