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[Cites 0, Cited by 0] [Section 80B] [Entire Act]

State of Kerala - Subsection

Section 80B(7) in Kerala Land Reforms Act, 1963

(7)Where the person in possession of the land in which the kudikidappu is situate is a tenant, the purchase price payable in respect of the land to be purchased shall be apportioned among the landowner, the intermediaries, if any, and the tenant in possession of the land in proportion to the profits derivable by them from the holding.Explanation. - "Profits derivable from the land" shall be deemed to be equal to -
(i)in the case of a landowner, the rent which he was entitled to get from the tenant holding immediately under him;
(ii)in the case of an intermediary, the difference between the rent which he was entitled to get from his tenant and the rent for which he was liable to his landlord; and
(iii)in the case of the tenant in possession, the difference between the net income and the rent payable by him; and the rent payable by such tenant and the intermediary for the purpose of this Explanation shall be as calculated under the provisions of this Act.]