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Section 3: Payment of compensation.

The Telangana Government Property (Preservation, Protection and Resumption) Act, 2007.State Act of Telangana · Act 11 of 2007

(1) Consequent upon the annulment of transactions and instruments under section 2, the transferee shall be entitled to be paid a reasonable compensation by the Government of Telangana.

(2) The amount of consideration recited in any instrument enumerated in Schedule I with interest calculated at the rate of 12 per annum shall be deemed to be the reasonable compensation within the meaning of sub-section (1).

Where this provision sits

ActThe Telangana Government Property (Preservation, Protection and Resumption) Act, 2007.
Section3
Marginal notePayment of compensation.
JurisdictionState of Telangana
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. . Substituted by G.O.Ms.No.45, Law (F) Department, dated 01.06.2016.

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