Section 129
Under-raiyat to pay compensation amount.
The Tripura Land Revenue and Land Reforms Act, 1960
About this Act
An Act to consolidate and amend the law relating to land revenue in the Union territory of Tripura and to provide for the acquisition of estates and for certain other measures of land reform.
(1) Every under-raiyat to whom ownership of
any land has been transferred under section 126 shall be liable to pay to the Government in respect of that
land compensation as determined under section 127.
(2) The compensation shall be payable in cash, in lump sum or in such number of annual instalments, not exceeding twenty as may prescribed. Interest at the rate of 21/2 per cent. per annum shall be payable on the compensation or such portion thereof as remains unpaid.
(3) The compensation payable under this section shall be a charge on the land.
(4) The compensation or any instalment thereof shall be re-coverable in the same manner as an arrear of land revenue.
(2) The compensation shall be payable in cash, in lump sum or in such number of annual instalments, not exceeding twenty as may prescribed. Interest at the rate of 21/2 per cent. per annum shall be payable on the compensation or such portion thereof as remains unpaid.
(3) The compensation payable under this section shall be a charge on the land.
(4) The compensation or any instalment thereof shall be re-coverable in the same manner as an arrear of land revenue.