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Section 8: Compensation to the Owner

The United Provinces Acquisition of Property (Flood Relief) Act, 1948State Act of Uttar Pradesh · Act 39 of 1948

8. (i) Whenever in pursuance of section 3 or section 7 a Requisitioning Authority requisitions or acquires, as the case may be, any building material the owner thereof shall be paid such compensation as the said Authority may determine.

(ii) In determining the amount of compensation under subsection (i), the Requisitioning Authority shall have regard to the control price, or if there is no control price, to the market value thereof and to cost of transport and storage actually incurred by the person interested.

Where this provision sits

ActThe United Provinces Acquisition of Property (Flood Relief) Act, 1948
Section8
Marginal noteCompensation to the Owner
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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