What is Section 4 in land acquisition in Pakistan?

What is Section 4 in land acquisition in Pakistan?

(iv) no person “entitled to act” shall be competent to receive the compensation-money payable to the person for whom he is entitled to act unless he would have been competent to alienate the land and receive and give a good discharge for the purchase-money on a voluntary sale.

What is the procedure and steps involved for the acquisition of land as per the Act?

Land acquisition is normally done in three ways: Acquisition under Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Private negotiations with the landowners. Acquisition through other Acts.

Which land acquisition Act is in force in India?

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (also Land Acquisition Act, 2013 or LARR Act or RFCTLARR Act) is an Act of Indian Parliament that regulates land acquisition and lays down the procedure and rules for granting compensation, rehabilitation and …

Can land acquisition be challenged?

Land Acquisition By State For “Public Purpose” Can’t Be Disputed At The Drop Of A Hat: Punjab & Haryana High Court Reiterates. Punjab and Haryana High Court has held that any acquisition made by the government for public use cannot be disputed by landowner at the drop of the hat.

What is Section 24 of Land Acquisition Act?

Section 24(1) says that in case of a pending land acquisition proceeding, where a compensation award has not been passed under the 1894 Act, then the landowners would be entitled to compensation prescribed under the 2013 Act.

What is award under Land Acquisition Act?

(1) The Collector shall make an award under section 11 within a period of two years from the date of the publication of the declaration and if no award is made within that period, the entire proceedings for the acquisition of the land shall lapse: Provided that in a case where the said declaration has been published …

What is market value in land acquisition?

Section 18 in The Land Acquisition Act, 1894 [Complete Act] market value shall be deemed to be the market value according to the disposition of the land at the date disregarded and the market value shall be deemed to be the market value of the land if put to ordinary. Central Government Act. Cites 0 – Cited by …

What is Section 19 of Land Acquisition Act?

Section 19 Publication of declaration and summary of Rehabilitation and Resettlement – The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013.

How do you calculate land acquisition compensation?

The new Act stipulates that the minimum compensation is to be a multiple of the total of the ascertained market value, plus value of the assets attached to the property, plus a solatium equal to 100% of the market value of the property including value of assets.

How do you calculate land acquisition cost?

Acquisition cost formula Taxes associated with the acquisition of land were $5,000. This means that the acquisition cost for the land would be $55,000 ($50,000 + $10,000 – $5,000 = $55,000).