State Act

The Himachal Pradesh Town and Country Planning Act, 1977

1[68. Incorporation of Special Area Development Authority.- (1) Every Special Area Development Authority shall be a body corporate with perpetual succession and a common seal, unless abolished, with power to acquire, hold and dispose of property, both movable and immovable, and to contract and shall sue and be sued by the name specified in the notification under sub-section (1) of section 66. (2) The State Government may, by notification in the Official Gazette, abolish the Special Area Development Authority constituted under section 67 of the Act from such date as may be specified therein and the said Authority shall stand abolished accordingly. (3) On and with effect from the date of abolition of the Special Area Development Authority all properties, assets, liabilities, funds, dues and staff which are realizable and vested in the said Authority shall be realizable and shall vest in such authority or corporation or agency, as the case may be, as the State Government may decide.]