Amendment status not verified — confirm the current text below against the official source.
The owner of the land which has vested in the pensation. Government under section 5 (I) shall get compensation at the following rate :- (1) for land excluding building or ~tructure , if any, a sum not exceeding twenty times the annual land reve· nue. In determining this sum the Collector shall take the following into consideration :- (a) the value of the land as at the date 01 acquisi- tion : I b) the likelihood of soil erosion taking place in the land (and thereby affecting its value ) ; (c) the damage sustained by the person interested by reason of the taking of any standing crops or trees which may be on the land at the time of the Collector taking possession thereof ; (2) for building or structure, if any, a sum equivalent to the sale-proceeds of the materials of the same plus 15 per cent. thereof: Provided that if in lieu of this compensatior. the owner choses to take away the materials the Collector shall allow him to do so within such time as specified by him. Award