Amendment status not verified — confirm the current text below against the official source.
Assc.cs,nrnl of hctfrrinc,it fee by the hoard aid nOtice to persons liabl,' Ia.. I) When it appcar.s to the Board i.at a housing or iiflpr.OVC-. . ment scheme is sufficiently advanced to enable the anp1int of the betterment fee to lie cic(ci Iu'iInc(l, ihc Bo-iid shall by a u esohtion passed in this 1)Ch1f (Iccl-sic tlrni for the pwpose of cicteimining such fsc the xection of th SCheme ,h ill be deemed to hvc becn completed and shh1 theicupon giV notice In WIlting to evei y pczson on whom a notice in respect of land to b ass( sscd h us bs en scu vcd under ckusc (t) of sub SCCtiofl (1) of section 5) ct to the sw ccssou In intri est of such pci son, as the clse m sy be, that the Boiid pioposcs to mess the amount of the be ii ttencnt fee p-syablc in respect t of such land under section 74. , - (2) I lie J3oii ci sh dl then assess the -sinount of bettci nwnt fee payable by each pcu'SOn concci'ned, after giving such person an opportunity to -be. .. lIC21-Cl and such person shall, within one month ftoin the ' .dátc*. of receipt of notice iii writing of such assessment from the Boned, infotrn the. Board in \vritiag whether or not he accepts the assessment. . 3741580/2019/OS-HOUSING 184 31 Wheti the ilssesiniola pet sosed by the Lo,iid is .icccpte 'I by persois concerned withi:i the period s1elhed iii SUI)-seCtiuil (2) , su:h ase.ss- iflcfll shall be final. If the person concerned does not accept the assessnien t utade by the Board or fai1sto infoim the Board its requircd under sub-section (2) within the period specified therein, the matter shall be eckned to (ile Tribunal. The Tribunal shall, after holding an inquiry, and idler hearing the person concerned, asSess the ainottrtt of l)etterlfleut fee payable by the J)(Z8(>fl. 7 Board to give notice to person liable to pay/neal oj ,j betiernient Ji'e. -Whu the amount oh' all betterment fees payable in respect of land in die area comprised in the scheme and hi' respect Of land not cuiiipiiscd iii the scheroc aL•ea but is adjacen; to the area comprised in the schetite referred to in sub-secuon (3) of sectiOn 74. has beets determined under section 7 the Board shall, by it noticé in writing 'to be served on all peisorts liable to such paymnenc, fIx a date by which such payments shall he made, and interest at the rate of fotu' and a half per cci t per annuinupon any a titan ill i,t - standing shalt be payable from that date: Provided that any person liable as afritesaid may make payment, if lie so chooses, in such number of annual instalmençs not exceeding tea as Board may determine.