cover image: The Calcutta Gazette  Thursday  December 11  1930

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20.500.12592/32rt6v

The Calcutta Gazette Thursday December 11 1930

1930

EREAS it is expedient further to amend the Calcutta Improvement Act 1911 in order to empower the Board to recover from the owner of or any person having an interest in land in an area comprised in an improvement scheme a fee in respect of an increase in the value of the land resulting from the execution of the scheme and also for the repeal of section 14 of the Schedule to that Act ; AND WHERE [...] (1) When by the making of any improvement scheme any land in the area comprised in the scheme which is not required for the execution thereof will in the opinion of the Board be icreased in value the Board in framing the scheme may in lieu of providing for the acquisition of such land declare that a betterment fee shall be paable by the owner of the land or any person having an inter [...] (2) Such betterment fee shall be an amount equal to onhalf of the increase in value of the land resulting from the execution of scheme and shall be calculated upon the amount by which the value of the land on the completion of the execution of the scheme estimated as if the land were clear of buildings exceeds the value of the land prior to the execution of the scheme estimated in like manner [...] (3) The provisions of sub-sections (7) (8) and (9) of section 78 relating in the case of the payments mentioned in that section to the non-payment of instalments of interest the paying off of the charge with iterest and the restrictions in respect of suits against the Board shall apply mutatis mutandis to the payment of the money payable under an agreement made in pursuance of sub-sectio [...] of the difference between the value of the land on the completion of the execution of the scheme estmated as if the land were clear of buildings and the value of the land prior to the execution of the scheme estimated in like manner.
government politics public policy
Pages
9
Published in
India
SARF Document ID
sarf.100008
Segment Pages Author Actions
The Calcutta Gazette Thursday December 11 1930
135-143 unknown view