Bombay Presidency - Act
New Bombay Disposal Land Regulations, 1975
BOMBAY PRESIDENCY
India
India
New Bombay Disposal Land Regulations, 1975
Rule NEW-BOMBAY-DISPOSAL-LAND-REGULATIONS-1975 of 1975
- Published on 26 July 1979
- Commenced on 26 July 1979
- [This is the version of this document from 26 July 1979.]
- [Note: The original publication document is not available and this content could not be verified.]
Chapter I
1. Short title, extent and commencement.
- (i) These Regulations, will be called the New Bombay Disposal Land Regulations, 1975.Chapter II
2. Demarcation of Plots.
- The Corporation shall divide the lands vested it by the Government into disposable plots having regard to their size and to and shall demarcate them accordingly.Chapter III
Conditions of Lease3. Conditions of Lease.
- The Corporation may from time to time dispose plots of land only on lease on the following among other conditions.Chapter IV
Mode of Disposal
4. Manner of disposal of land.
- The Corporation may dispose plots of lands by public auction or tender or by considering individual applications as the Corporation may determine from time to time.5. Payment of premium.
6. Completion of buildings, factory, structure or other work within the prescribed time.
- The lessee shall complete building, factory structure or other work for which the land has been granted within the time prescribed by the Managing Director.7. Permission for extension of time.
- If the Intending Lessee obtains development permission and commences construction in accordance with the conditions of agreement to lease made between him and the Corporation but has been unable to complete the construction within the time stipulated in the agreement to lease for reasons beyond his control, the Managing Director may permit extension of time for completion of buildings, factory, structure or other work on payment of additional premium at the following rat.| Upto 1 year - | 25 per cent of the premium |
| between 1 and 2 years - | 35 per cent of the premium |
| Between 2 and 3 years - | 40 per cent of the premium |