section 50
Valuation of assets and liabilities of the Authority
The Himachal Pradesh Housing and Urban Development Authority Act, 2004The Authority shall at the end of every ten years have a valuation of its assets and liabilities made by valuer appointed with the approval of the State Government: Provided that it shall be open to the State Government to direct a valuation to be made at any time as it may consider necessary. (8) If any dispute or doubts arises as to which of the properties, rights or liabilities of the Himachal Pradesh Housing Board transferred to the Authority or as to which of the employees serving under the Board are to be treated as employees of the Authority under this section, such dispute or doubt shall be referred to the State Government whose decision threreon shall be final.
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