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[Cites 0, Cited by 0] [Section 15] [Entire Act]

State of Tamilnadu - Subsection

Section 15(1) in Tamil Nadu Requisitioning and Acquisition of Immovable Property Act, 1956

(1)Notwithstanding anything contained in section 6, where any agricultural land is released from requisition, the owner and any person interested in such agricultural land or in possession thereof shall be liable or pay to to the Government within one month after the date of a demand made in writing by the competent authority a sum equal to so much of the value of the agricultural land as is attributable to anything done on such land by he Government for the purpose of enabling the land to be property farmed, or of securing ire creased efficiency in the farming of the land :Provided that the owner or the person interested by whom any sum is so payable may, by notice in writing served on the competent authority within the said one month, elect to pay the said sum, together with interest thereon from the said date at the rate of 6 per cent per annum, by such number of equal annual instalments not exceeding ten, as may be specified in the notice, the first instalment of which shall be paid within one year from the said date.