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[Cites 0, Cited by 0] [Section 19] [Entire Act]

State of Gujarat - Subsection

Section 19(3) in The Gujarat Slum Areas (Improvement, Clearance and Redevelopment) Act, 1973

(3)Where any such building is let to a tenant in pursuance of a direction issued under sub-section (4) of section 18, the tenant shall be liable to pay to the owner-
(a)if the work of improvement has been executed in relation to be building, annual rent of a sum equivalent to the aggregate of the following amounts namely:-
(i)the annual rent the tenant was paying immediately before he vacated the building for the purpose of execution of the work of improvement;
(ii)six per cent, of the cost of the work of improvement;
(b)if the building has been re-erected, an annual rent of a sum equivalent to four per cent, of the aggregate of the following amounts namely:-
Explanation: - For the purpose of this clause the cost of the land shall be deemed to be a sum equivalent to the market value of the land on the date of commencement of the re-erection of the building.