Bare ActsThe KARNATAKA HOUSING BOARD ACT, 1962.

Section 26

Compensation in respect of land vested in the Board

Amendment status not verified — confirm the current text below against the official source.

Compensation in respect of land vested in the Board.—(1) Where any land vests in the Board under the provisions of section 25 and the Board makes a declaration that such land shall be retained by the Board only until it revests in the corporation, the municipal council, municipal committee, or municipal body, the 2[x x x]2,3[town panchayat or the Grama panchayat ]3, or the 1[mandal panchayat]1, as the case may be, as part of a street or an open space under section 29, no compensation shall be payable by the Board to the corporation, the municipal council, municipal committee, or municipal body, the 2[x x x]2, 3[town panchayat or the Grama panchayat ]3, or the 1[mandal panchayat]1 in respect of that land.

Section 26 – The KARNATAKA HOUSING BOARD ACT, 1962. | DailyLaw.ai