Amendment status not verified — confirm the current text below against the official source.
(1) An amount equal to five per cent of the p j d market value of the land contributed for pubIic f o r land mntributed purposes as deterinined in the prescribed manner shall for public be paid to the land-owner or owners concerned.. 'IrpOSC. (2) An amount equal to the market value of houses, structures, trees, wells and other improve- ments existing on the land contributed for public purposes as determined under this Act shall also be paid to the land-owner or owners concerned. V c s t i of lnnd contri- buted For public Fur- poses and allotted to State Government.