Amendment status not verified — confirm the current text below against the official source.
Proceeding for acquisition o f land.—(T The provisions: the Land Acquisition Act, K94 (Genual Act No.I of 1894) shall be applies for acquisition of land u nder this Act and the compensation shall be cc puled under the provisions of the same Act. (2) In computing compensation for land acquired, the value will be market value as prevailed on the 1st of January, 1957. (3) The owner of the lands will al-o be enti led io the reasonable c of development, if any, made during the period, (4) Twenty-five per cent increase in value on the date of acquisitii of the land.