Amendment status not verified — confirm the current text below against the official source.
Subject to such rules or regulations as may be made under lhis Act, every person shall have the right of ncccss to any heritage building acquired by the Corporation, 42SI. The Corporation shall have lhe righl to allow the transfer of righl of development to the lessee of a heritage building where the unexpired period or lhe term of lease is for 90 years, and to lake the heritage building on sub-lease by agreement, if there is provision for such sub-lease in Hie I [West Ben. Acl 802 The Kolkaia Municipal Corporation Act, I9S0. Permit inn of con- cerned department of Stale Government before jcquisilion or hcriUge building. Weil Bun, Act XII] of l'J75. I of JK9-1. Power lo exempt rates and taxes, clc. on heritage building, Agreement willi owner of heritage building pending acquisition, (Part VI.—Town Planning, Latu! and Lcmd Use Cunt mis.— Chapter XXI/fA,—Preservation and Conservulivn of Heritage Buildings.—Sections 425J-425L.) deed executed between ihe owner and the lessee, provided thai [he question of payment of premium or rem in such case to [he owner shall no[, notwithstanding any agreement in Ihis behalT, arise, and if liie owner as confirming par[y [o [he agreemcnl waives [lie right [o receive any further paymcn[ of such premium or rem.