(1) This act shall apply and before the commencement of this Act the Shamilat Law shall be deemed always to have applied to all lands which are shamilat deh as defined in clause (g) of section 2.
1[(2) Notwithstanding anything contained in sub-section (1) of section 4, --
(i) '«here any land has vested in a Panchayat under the shamilat /aw, but such land has been excluded from shamilat deh· under clause (g) of section 2 other than the land so excluded under sub-clause (ii-a) of that clause, all rights, title and 1 Substituted by Punjab Act No. 8 of 1995.
5 interest of the Panchayat in such land as from the commencement of the Punjab Village Common Lands (Regulation) Amendment Act, 1995, shall cease and all suc.h rights, title and interest shall vest in the person or persons in whom they were vested , immediately before the commencement of the shamilat law;
(ii) where any land has vested in a Panchayat under this Act, but such land has been excluded from shamilat deh under sub clause (ii-a) of clause(g) of section 2, all rights, title and interest o( the Panchayat in such land, as from the commencement of the Punjab Village Common Lands (Regulation) Arnendment Act, 1995, shall , cease, and all such rights, title and interest shall on or before the 9th day of July, 1985, revest in the person or persons to whom the land so excluded has been allotted or otherwise transferred by .
sale or by any other manner whatsoever, subject to the condition that- ( a) any sum of money realised by the Rehabilitatio~ Department of the Government of Punjab as a result o~ allotment or transfer of such land shall alongwith interest at the rate of three per cent payable from the date of such allotment or transfer; or
(b) where no money was realisab1$ by the Rehabilitation Department of the Government of Punjab as a result of allotment or transfer of such land, the amount of compensation in respect of such land as determir)ed by the Collector of the District in which such a land is situated alongwith interest at the rate of three per ~ent payable from the date of allotment or transfer, as the case may be; · shall be paid by the Rehabilitation Department . of the Government of Punjab to the Department of Rural Development and Panchayats for onward disbursement to the Panchayat to whic.h such shamilat deh belonged.
(3) As soon as may be, on the commencement of the Punjab Village Common Lantjs (Regulation) Amendment Act , 1995 the Department of Rural Development and Panchayats ·shall make a reference to the Collector of the District to determine the amount of compensation under sub-clause (b) of clause (ii) of sub-section (2) and the Collector of.the District shall , keeping in view the market value of the shamilat deh at the time it was allotted or transferred determine the amount of compensation.]
6