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State of Gujarat - Section

Section 40 in The Bombay Irrigation Act, 1879

40. Diminution in market value to be considered in fixing compensation.

- In determining the amount of compensation under the last preceding section regard shall be had to the diminution in the market-value, at the time of awarding compensation, of the property in respect of which compensation is claimed;and, where such market-value is not ascertainable, the amount shall be reckoned at twelve times the amount of the diminution of the annual net profits of such property, caused by the exercise of the powers conferred by this Act.