(1) A promoter shall not accept a sum more than ten per cent. of the cost of the apartment, plot, or building as the case may be, as an advance payment or an application fee, from a person without first entering into a written agreement for sale with such person and register the said agreement for sale, under any law for the time being in force.

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(2) The agreement for sale referred to in sub-section (1) shall be in such form as may be prescribed and shall specify the particulars of development of the project including the construction of building and apartments, along with specifications and internal development works and external development works, the dates and the manner by which payments towards the cost of the apartment, plot, or building, as the case may be, are to be made by the allottees and the date on which the possession of the apartment, plot or building is to be handed over, the rates of interest payable by the promoter to the allottee and the allottee to the promoter in case of default, and such other particulars, as may be prescribed.

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(1) The appropriate Government shall, within a period of six months of the commencement of this Act, by notification, make rules for carrying out the provisions of this Act.

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(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:---

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¹[(a) the form, time and manner of making application and fees payable therewith under sub-section (1) of section 4;

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(ab) information and documents for application to the Authority for registration under clause (m) of sub-section (2) of section 4;

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(ac) the form of application and the fees for extension of registration under section 6;]

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(b) the form and manner of making application and fee and documents to be accompanied with such application as under sub-section (2) of section 9;

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(c) the period, manner and conditions under which the registration is to be granted under sub-section (3) of section 9;

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(d) the validity of the period of registration and the manner and fee for renewal under sub-section (6) of section 9;

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(e) the maintenance and preservation of books of account, records and documents under clause (b) of section 10;

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(f) the discharge of other functions by the real estate agent under clause (e) of section 10;

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(g) the rate of interest payable under section 12;

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(h) the form and particulars of agreement for sale under sub-section (2) of section 13;

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(i) the rate of interest payable under clause (b) of sub-section (1) of section 18;

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(j) the rate of interest payable under sub-section (4) of section 19;

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(k) the rate of interest payable under sub-section (7) of section 19;

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(l) the manner of selection of Chairperson and Members of Authority under section 22;

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(m) the salaries and allowances payable to, and the other terms and conditions of service of, the Chairperson and other Members of the Authority under sub-section (1) of section 24;

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(n) the administrative powers of the Chairpersons under section 25;

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(o) the salaries and allowances payable to, and the other terms and conditions of service of, the officers and other employees of the Authority under sub-section (2) of section 28;

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²[(oa) the form, manner and fees for filing of a complaint under sub-section (2) of section 31];

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(p) the details to be published on the website as under clause (b) and under clause (d) of section 34;

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(q) the additional functions which may be performed by the Authority under clause (iv) of sub-section (2) of section 35;

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(r) the manner of recovery of interest, penalty and compensation under sub-section (1) of section 40;

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(s) the manner of implementation of the order, direction or decisions of the adjudicating officer, the Authority or the Appellate Tribunal under sub-section (2) of section 40;

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(t) recommendations received from the Central Advisory Council under sub-section (2) of section 42;

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(u) the form and manner and fee for filing of appeal under sub-section (2) of section 44;

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(v) the manner of selection of Members of the Tribunal under sub-section (3) of section 46;

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(w) the salaries and allowances payable to, and the other terms and conditions of service of, the Chairperson and other Members of the Appellate Tribunal under sub-section (1) of section 48;

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(x) the procedure for inquiry of the charges against the Chairperson or Judicial Member of the Tribunal under sub-section (4) of section 49;

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(y) the salaries and allowances payable to, and the other terms and conditions of service of, the officers and employees of the Appellate Tribunal under sub-section (3) of section 51;

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(z) any other powers of the Tribunal under clause (g) of sub-section (4) of section 53;

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(za) the powers of the Chairperson of the Appellate Tribunal under section 54;

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(zb) the terms and conditions and the payment of such sum for compounding of the offences under section 70;

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(zc) the manner of inquiry under sub-section (1) of section 71;

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(zd) the form to be specified in which the Authority shall prepare a budget, maintain proper accounts and other relevant records and prepare an annual statement of accounts under sub-section (1) of section 77;

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(ze) the form in which and time at which the Authority shall prepare an annual report under sub-section (1) of section 78;

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(zf) any other matter which is to be, or may be, prescribed, or in respect of which provision is to be made, by rules.

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