Amendment status not verified — confirm the current text below against the official source.
(1) Where the possession of any waste land is dcli vered or taken lion. under section 5, cvery person inlcrcslcd in such land shall bc entitled to compensa~ion for so long as his inlcrcst subsists b u ~ i n no casc beyond the datc of the release oi such land from rcquisition under section 10, [he amounl of such compcns;ltion being dctcrrnined in the rnanncr and in acuo~dance wirh Ihc principles hercinaltcr set oul. (2) As soon as may be after the dntc ordclivery of posscssion or the taking of possession of any waste land undcr scclion 5, the Collector shall delenninc- (a) in rcspcct of any wasrc land which on the said datc was in the occupalion of a tenanr or Icsscc- (i) the annual rent and cesses, iT any,-payable by rhc lcnant or the lessec in respect of such land, and (ii) thc average nerannual incomederived from such land by rhl: tcnanr or lessec during he three years immediately prcccding [he said dale, or iFnoincome wasdcrived from such land by the tenanr or lcssce during the said thrce years, the sum cquivalent LO (hrccpercet~r, of the markcl value of the intcrcst of the [enant or of [he lessee in such land on the date or thc notification under sccrion 3; (b) in respect or any wasle Iand which on the said datc was in the occuparion ofaproprielor, ~hcavcrage annual incornc dcrived from such land by such proprietor during the lhree years immcdinlcly preceding rhe said dale, or iT no income was derived by such praprictor during [he said thrcc ycars, the sum equivalent lo rhree per cenr. of the mar kc^ valuc of such land on r h ~ dalp nF thr nnrifirrrinn 11nArr qrrtinn 7 - The Wasre Lands (Rcguisitionir~g atld Utilizatiori) Acr, 1952. (c) in respect of any wasle land in whlch any person olher than a tenant or a lesee or a proprietor in occupadon is intercsred, the avcrage neL annual compensation dcrivcd from such land by [he person in occupa~ion hereof during h e three years immediately preceding thc said date, or if no income was derivcd by such person during the said three years, the sum equivalent lo lhreeper cerlr. of h e market value of such land on the date of the nolification under section 3. (3) The Coilector shall by order direct that lhcrc shall be payable by the Sta~e Govcrnrnent as compcnsa~ion on cach anniversary of the date of [he delivery of possession or the taking ofpossession under section 5, and for Ihc duration referred lo in sub-section (I),-- (a) in respecr of such w a l e land as is referred to in clause (a) of sub-section (2),-lhe amounr derermined under sub-clausc (i) of ha1 clause lo the landlard or the Icssor, and the amounl determined under sub-clause (ii) of thal clause to Ihe lcnanr or [he Iessee; (b) in rcspeci of such waslc land as is refcrred to in clausc (b) of sub-section (2).-he amount dc~crrnined undcr that clausero the propriclor: and (c) in respect of such wasre land is as referred ro in clause (c) of sub-seclion (21,-ro every person in~erestedin suchland such sum as may be apportioned 10 him by the Collector, out of the amounl referred to in lhar clause, having regard to ~ h c nature and extenl of his inlerest. Explonatio~r.-For the purpose of his scciion [he exprcssions "landlord", "propriclor" and "tenant" have [he same mcmings as in thc Vlll or