The existing sub-rule (3) of rule 12 of the said rules shall be substituted by the following, namely:- "(3) The reserve price fixed under sub-rule (1) shall be valid till the next revision. The Trust, at any time, may review the reserve price fixed under sub-rule (1½ and while reviewing it, the Trust may, after considering the prevailing conditions, increase, decrease or retain the reserve price as per the prevailing market scenario. It shall not be necessary to take into account the DLC rates while deciding the reserve price."
Section 8: Amendment of rule 12
Rajasthan Improvement Trust (Disposal of Urban Land) (Second amendment) Rules, 2019State Rules of Rajasthan · 1959
Where this provision sits
| Act | Rajasthan Improvement Trust (Disposal of Urban Land) (Second amendment) Rules, 2019 |
|---|---|
| Section | 8 |
| Marginal note | Amendment of rule 12 |
| Jurisdiction | State of Rajasthan |
| Status | In force as published by the source |
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