Amendment status not verified — confirm the current text below against the official source.
t (oan occupant, tv Ld ol issue pose. Wi “ iv (ive percent of ” ome any land has been allottéd venty | Fiotent Ota PR . letter ol mten consideration shall be deposite ofle and t| or a . 1e balance price shall be paid by the allotte inte d at the time o interest-free six-monthly Franster of Lad Price of land. Made ol recovery of Price of land. Issue olf conditional conveyance deed. Issue of unconditional conveyance deed. Power to cancel allotment. Publication of notice. 246 PUNJAB GOV'T. GAZ. (EXTRA), DECEMBER 24,2016 (PAUISA 3, 1938 SAKA) Iment, interest al the rate installments. However, tor any delayed instal of wey percent per annum shall be recovered for the period of delay, In the event, an allottee wants to deposit the entire amount ar gy. Hip ol the allotment itself, a discount ol ten percent ol the overgll COMSideragig, shall be admissible to him. 70D Aconditional conveyance deed shall be issued on the depo, of twenty five per cent of the total consideration. (2) The allottee shall not be entitled to alienate th > allotted lang for 4 period of ten years from the date of issue of conditional conveyance dee Explanation:-Devolving of land by intestate succession or under 4 Willy Bequest shall not be deemed as alienation. However, no mutation shall be sanctioned in favour of the allotiee merely on the basis of conditional conveyance deed.