Restrictions on revocation or alteration
of certain agreements for the transfer of immovable property or on transfer of
certain immovable property.
269UK. (1) Notwithstanding
anything contained in any other law for the time being in force, no person shall
revoke or alter an agreement for the transfer of an immovable property or
transfer such property in respect of which a statement has been furnished under
section 269UC unless,—
(a) the appropriate authority has not made an
order for the purchase of the immovable property by the Central Government
under section 269UD and the period specified for
the making of such order has expired ; or
(b) in a case where an order for the purchase of
the immovable property by the Central Government has been made under
sub-section (1) of section 269UD, the order
stands abrogated under sub-section (1) of section
269UH.
(2) Any transfer of any
immovable property made in contravention of the provisions of sub-section (1)
shall be void.