(2) From the said date,-
(a) all properties, funds and dues which are vested in or realizable by the Authority shall vest in, or be realizable by, the Government ;
(b) all liabilities which are enforceable against the Authority shall be enforceable against the Government ;
(c) for the purpose of carrying out any development which has been carried out by the Authority and for the purpose of realizing properties, funds and dues referred to in clause (a) the functions of the Authority shall be discharged by the Government.
(3) Nothing in this section shall be construed as preventing the Government from reconstituting the Authority in accordance with the provisions of this Act.
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Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Establishment of State Capital Region and other Regions and alteration of their limitsSection 4 · Establishment of State Capital Region and other Regions and alteration of their limitsSection 5 · Composition of the Executive CommitteeSection 6 · Co-opting persons as members of Authority or CommitteeSection 7 · Vacancies, etc. not to invalidate proceedings of the Authority or the CommitteeSection 8 · Functions of AuthorityIndia Code, Government of India. Text fetched 23 Oct 2026. Source metadata reports last modification: 2025-03-25. Check the linked official text and subsequent notifications when applying a provision.