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Section 102: Difference in price of land when transferred for higher consideration to be shared

The Right to fair Compansation and Transparency in Land Aquisition, Rehabilitation and Resettlement Act, 2013Union territory Act of Dadra and Nagar Haveli and Daman and Diu · Act 30 of 2013

Whenever the ownership of any land acquired under this Act is transferred to any person for a consideration, without any development having taken place on such land, forty per cent. of the appreciated land value shall be shared amongst the persons from whom the lands were acquired or their heirs, in proportion to the value at which the lands were acquired within a period of five years from the date of acquisition:

Provided that benefit shall accrue only on the first sale or transfer that occurs after the conclusion of the acquisition proceedings.

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Where this provision sits

ActThe Right to fair Compansation and Transparency in Land Aquisition, Rehabilitation and Resettlement Act, 2013
Section102
Marginal noteDifference in price of land when transferred for higher consideration to be shared
JurisdictionUnion territory of Dadra and Nagar Haveli and Daman and Diu
StatusIn force as published by the source

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