Non-applicability of Rent Act or any corresponding law

Notwithstanding anything contained in the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947 or any other law corresponding thereto, the provisions of this Act shall prevail. The Rent Act or any law corresponding thereto for the time being in force in any area to which this Act extends,— (a) shall not apply to any land or building belonging to, or vesting in, the Authority under or for the purpose of this Act ; (b) shall not apply as against the Authority to any tenancy, license or other like relationship created by any existing Board or the Authority in respect of any such land or building; (c) but shall apply to any land or building let, or given on license, to any existing Board or the Authority.