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[Cites 0, Cited by 0] [Section 105] [Entire Act]

State of Andhra Pradesh - Subsection

Section 105(3) in Andhra Pradesh Capital Region Development Authority Act, 2014

(3)If the owner of a plot fails to exercise the option on or before the date specified in a notice issued to him in that behalf by the Authority, he shall be deemed to have exercised the option of paying contribution in installments and the interest on the contribution shall be calculated from the date specified in the notice, being the date before which he was required to exercise the option.