5. Grant of registration.
(1) On recipt of the application under sub-section (1) of section 4, the Authorityshall within a period of thirty days.
(a) grant registration subject to the provisions of this Act and the rules andregulations made thereunder, and provide a registration number, including a Login Idand password to the applicant for accessing the website of the Authority and to createhis web page and to fill therein the details of the proposed project; or
(b) reject the application for reasons to be recorded in writing,if such applicationdoes not conform to the provisions of this Act or the rules or regulations madethereunder:
Provided that no application shall be rejected unless the applicant has been given anopportunity of being heard in the matter.
(2) If the Authority fails to grant the registration or reject the application, as the casemay be, as provided under sub-section (1), the project shall be deemed to have been registered,and the Authority shall within a period of seven days of the expiry of the said period of thirtydays specified under sub-section (1), provide a registration number and a Login Id andpassword to the promoter for accessing the website of the Authority and to create his webpage and to fill therein the details of the proposed project.
(3) The registration granted under this section shall be valid for a period declared bythe promoter under sub-clause (C) of clause (1) of sub-section (2) of section 4 for completionof the project or phase thereof, as the case may be.