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[Cites 0, Cited by 0] [Section 129] [Entire Act]

State of Manipur - Subsection

Section 129(4) in Manipur Land Revenue and Land Reforms Act, 1960

(4)Notwithstanding anything contained in sub-sections (1) to (3), where the person entitled to compensation under section 128 is a charitable or religious institution, the compensation shall, instead of being assessed under that section, be assessed as a perpetual annuity equal to the reasonable rent for the land, less the land revenue payable on such land. The amount so assessed shall be paid to such institution in the prescribed manner.