State Act

The Maharashtra Village Panchayats Act.

56. Property of panchayat.— (1) 3[It shall be competent for a Zilla Parishad from time to time to direct that any property vesting in it] shall vest in a panchayat and on such direction being issued, 1[the property shall, subject to rules made in that behalf, vest] in the panchayat notwithstanding anything contained in the Transfer of Property Act, 1882 (IV of 1882), or the Indian Registration Act, 1908 (XVI of 1908) : Provided that no lease, sale or other transfer of any such immovable property by the panchayat shall be valid without the previous sanction of the 2[Chief Executive Officer]. (2) Every work constructed by a panchayat out of the village fund, or with Government assistance or peoples’ participation shall vest in such panchayat 3[and every work constructed by a panchayat with the assistance of Zilla Parishad or Panchayat Samiti shall vest in a panchayat in the manner provided by rules made in that behalf.]