Section 3
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Replacement. of sections 21, 22 and 23 of the principal enactment..
Sections 21, 22 and 23 of the principal enactment are hereby repealed and the following sections substituted therefor :—
‘ Provisions to be complied with by the
Commissioner on reveipt of claims
Reference to
Board of
Valua‘ion for award as to price payable.
21. Upon the receipt of any claim made under section 20, the Commissioner shall forward such claim to the Secretary to the
Ministry of the Minister for reference to a
Board of Valuation for the determination of the price payable in respect of the house which is the subject-matter of the claim.
22. (1) The Secretary to the Ministry of the Minister shall refer to a Board of Valua-tion for determination of the price payable in respect of every house vested in the
Commissioner and shall transmit to the 2—2 BA186—16,700 (RO/10)
Amendment 4 of Law
2 ee
~ Board all claims made to such price together
Determin-with all documents furnished by the claimants in support of their claims.
A reference made under subsection (1) to a Board of Valuation is hereafter in this Law referred to as a “reference for an award as to price”,
23.
ation of price Payable
The price payable for any house vested in the Commissioner under this Law shall be—
the market value of the house as at the date of vesting, such market value being determined in the case of a house let to a tenant on the basis that recovery of possession of such house is possible only in accordance with the provisions of the Rent Act,
No. 7 of 1972, as were in force on the date of vesting
; or
where the ownership of the house was acquired by purchase or otherwise prior to April 1, 1957, or otherwise than by purchase on or after April 1,
1957, the market value thereof as at
April 1, 1957, increased by an amount calculated at a rate of six per centum of such value for each year up to the date of vesting, and where the ownership of the house was acquired by purchase on or after April 1,
1957, the lowest purchase price as
Specified in any deed of purchase in respect of such house executed after
April 1, 1957, increased by an amount calculated at a rate of six per centum of such purchase price for each year from the date of such deed up to the date of vesting and an additional amount equal to the reasonable value of any additions and improvements made to such house by any owner after the date of such deed, reduced by the net income for that period, as eo
| i
coe te a re
Ceiling on Housing Property (Amendnient)
whichever amount is lower, and where the provisions of paragraph (b) are not applica-
~ . “
ble, the amount as determined under the provisions of paragraph (a) :
-
Provided however that—
in determining the price payable for any house vested under section 13a or section 14, the fact that the owner of such house is not entitled to institute action or proceedings for the ejectment of the tenant thereof on the ground that such house is reasonably required for occupation as a residence by the landlord of
~
such house or any member of his family shall not be taken into consideration ; and
in the case of a land where there are tenements the price payable for any land in excess of the lands which are appurtenant to such tenements shall be on the basis that the only development possible is by the construction of similar tenements in such excess land. ’.