The Government of Tripura on January 21, 2025, issued the Tripura Housing Board (Second Amendment) Act, 2024, to further amend the Tripura Housing Board Act, 1978.
The following has been amended namely: -
• Section 16 which states “Execution of contract” the following has been amended namely: -
o In the proviso (a) to sub-section (1) of section 16 the expression “five crore or more” shall be substituted with the expression “fifty crore or more”
o In the proviso (b) to sub-section (1) of section 16 of the Principal Act, the expression “five crore or less” shall be substituted with the expression “less than fifty crore”.
This shall come into force on January 21, 2025
[Notification No. F. 8(1)-Law/Leg-I/2025/317-318]
