Amendment status not verified — confirm the current text below against the official source.
(1) The compensation payable to the landowner and the intermediaries, if any, for the vesting of their right, title and interest in respect of a holding in the Government under section 72 shall be apportioned among the landowner and the intermediaries, as the case may be, in accordance with the provisions of sub-sections (2) and (3). (2) The amount of sixteen times the fair rent of the holding or part, the right, title and interest in respect of which have vested in the Government, shall be apportioned among the landowner and the intermediary or intermediaries in proportion to the profits derived by them from the holding or part. Explanation:-- "Profits derived from the holding" shall, for the purpose of this sub-section, mean in the case of the landowner, the rent to which he is' entitled and, in the case of an intermediary, the difference between the rent due to him from his tenant and the rent for which the intermediary is liable to his landlord; and where there is no evidence as to the rent for which the intermediary is liable to his landlord, it shall be resumed that such rent is one-half of the rent payable to the Intermediary by his tenant. (3) The value of the structures, wells and embankments of a permanent nature and one half of the value of timber trees shall be payable to the landowner or the intermediary to whom such structures, wells, embankments and timber trees belong: Provided that where the aggregate of the value of structures, wells and embankments and one-half of the value of timber trees has been limited to sixteen times the fair rent under the proviso to sub-section (2) of section 72A, the amount payable under this sub-section to the landowner and the intermediary or intermediaries shall be sixteen times such fair rent apportioned among the landowner and the intermediary or intermediaries in proportion to the value of the structures, wells, embankments and timber trees belonging to each of them. (4) Where the right, title and interest of the landowner or an intermediary in respect of the holding were subject to any encumbrance, or charge for maintenance or alimony, the value of such encumbrance, maintenance or alimony shall be deducted from the compensation payable to the landowner or the intermediary as the case may be, and the landowner, or the intermediary shall be entitled only to the balance amount and if the total amount of such encumbrance, maintenance, alimony is equal to or more than the amount of the compensation, payable to the landowner or the intermediary, the whole amount shall be reserved for payment to the holder of the encumbrance or the person entitled to the maintenance or alimony and the landowner or the intermediary, as the case may be, shall not entitled to any amount by way of compensation.] Substituted by Act 35 of 1969.