Section 41. (1) The Central Government may, by notification, establish with effect from such

{
    "act_title": "The real estate (regulation and development) act, 2016",
    "act_slug": "real-estate-regulation-and-development-act-2016",
    "section_label": "Section",
    "section": {
        "number": "41",
        "title": "Section 41. (1) The Central Government may, by notification, establish with effect from such",
        "chapter": null,
        "content": "date as it may specify in such notification, a Council to be known as the Central Advisory\nCouncil.\n(2) The Minister to the Government of India in charge of the Ministry of the Central\nGovernment dealing with Housing shall be the ex officio Chairperson of the Central Advisory\nCouncil.\n(3) The Central Advisory Council shall consist of representatives of the Ministry of\nFinance, Ministry of  Industry and Commerce, Ministry of Urban Development, Minsitry of\nConsumer Affairs, Minstry of Corporate Affairs, Ministry of Law and Justice, Niti Aayog,\nNational Housing Bank, Housing and Urban Development Corporation, five representatives\nof State Governments to be selected by rotation, five representatives of the Real Estate\nRegulatory Authorities to be selected by rotation, and any other Central Government\ndepartment as notified.\n(4) The Central Advisory Council shall also consist of not more than ten members to\nrepresent the interests of real estate industry, consumers, real estate agents, construction\nlabourers, non-governmental organisations and academic and research bodies in the real\nestate sector.",
        "footnote": "",
        "is_definition": false,
        "sort_order": 40
    },
    "prev_section": "40",
    "next_section": "42"
}