Amendment status not verified — confirm the current text below against the official source.
Purchase Price to be dzstrzbuted among the landowner and mtermedia- ries.-( I) Where the right, title and interest of the landowner and the intermediaries in respect of a holding have been purchased by the culti- vating tenant, the purchase price paid by the cultivatmg tenant shall be paid to the landowner or apportioned among the landowner and the mtermediaries, as the case may be, in accordance with the proVISIOns of sub-sections (2) and (3). I ~ ~I •• 37 (2) Where there is no intermediary, the landowner shall be entitled to the entire purchase price paid by the cultivating tenant. (3) Where there is an intermediary or there are interme- diaries,- (z) the amount of 16 times the fair rent paid by the cultivating tenant shall be apportioned among the landowner and the mtermediary or mtermediaries in proportion to the profits derived by them from the holding ; and (it) the value of structures, wells and embankments of a per- manent nature and half the value of the timber trees paid by the culti- vating tenant shall be payable to the landowner or the intermediary to whom such structures, wells, embankments and timber trees belong. Explanatzon.-" Profits derived from the holding" shall, for the purposes 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 I ent for which the intermediary is liable to his landlord.