Amendment status not verified — confirm the current text below against the official source.
Subs. by section 32 of Chapter-III of U.P. Act No. 26 of 1995. [The [Uttar Pradesh]2 Municipalities Act, 1916] [Section 224-C] (4) (a) The Special Officer may call for the assistance of such officers and staff of the State Government in the Local Self-Government Engineering Department or of the licensee as he deems fit for assessing the rent amount payable. (b) The special Officer shall have the same powers as are vested in a Civil Court under the Code of Civil Procedure, 1908, when trying a suit, in respect of the following matters:- (i) enforcing the attendance of any person and examining him on oath; (ii) compelling the production of documents; and (iii) issuing commission for the examination of witnesses. The Special Officer shall also have such further powers as may be specified by the State Government by notification in the Gazette. (5) The gross amount payable to such licensee shall be the aggregate value of the amounts specified below- (i) the book value of all completed works in beneficial use pertaining to the water-works and taken over by the [Municipality]1 (excluding works paid for by the consumers), less depreciation calculated in accordance with the Table appended to this section; (ii) the book value of works in progress taken over, excluding works paid for by the consumers or prospective consumers; 285 (iii) the book value of all stores, including spare parts taken over, and in the case of used stores and spare parts, if taken over, such sum as may be decided upon by the Special Officer; (iv) the book value of all other fixed assets in use on the said date and taken over, less depreciation calculated in accordance with the said Table.; (v) the book value of all plants and equipments existing on the said date if taken over, but no longer in use owing to wear and tear or to obsolescence, to the extent such value has not been written off in accordance with the said Table. Explanation-- The book value of any fixed asset means its original cost, and shall comprise- (i) the purchase price paid by the licensee for the asset, including the cost of delivery and all charges properly incurred in erecting and bringing the asset into beneficial use, as shown in the books of the licensee, (ii) the cost of supervision actually incurred, but not exceeding fifteen per cent of the amount referred to in paragraph (i) : Provided that before deciding the amount under this sub-section the licensee shall be given an opportunity by the special Officer of being heard, after giving him a notice of at least 15 days therefor.