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State of Punjab - Section

Section 13 in Allotment/Transfer of Booths on lease-hold basis in Chandigarh Scheme, 1977

13.

The lease shall commence from the date of allotment and shall be for a period of 99 years. After the expiry of the said period of 99 years the lease may be renewed for such further period and on such terms and conditions as the Government may decide.