Amendment status not verified — confirm the current text below against the official source.
The Corporation shall, for the purposes of both annual and capital expenditures, expenses. apportion of each of its farms or estate the required fund for the development from its own fund. Each plot-holder in the farm or estate shall, subject to the provisions of this Act, bear the proportionate share in both annual and capital expenditure in the ratio of expenditure incurred in respect of his plot to the total expenditure on the land or the farm or estate as the Corporation may determine from time to time, and the plot-holder shall accordingly be liable to make payment thereof to the extent of the amount debited to his account by the Corporation including the amount of loan, if any, paid to him under clause (cl) of section 16 Provided that, the actual payment by the plot-holder towards discharge of the aforesaid liability by him shall commence on the day afler such gestation period as the Corporation may determine and declare in respect of the plot held by him. Liability to 47 In addition to the capital expenditure and annual expenditure to be apportioned on pay service charges. plot-holders, each plot-holder shall be liable to pay to the Corporation an amount equal to five per cent. of the annual expenditure and fifteen per cent. of the capital expenditure on the farm or estate towards service charges Provided that, the plot-holder who opts to share a net income with the Corporation in accordance with the provisions of section 50 shall not be liable to pay such service charges. Earning