Print View

[Section Index]

The Acquisition of Waste Land Act, 1950 (East Bengal Act)

( ACT NO. XIX OF 1950 )

Investment of money awarded in respect of land belonging to person incompetent to alienate
19. (1) If the land, in respect of which any money is awarded, belonged to any person who had no power to alienate the same, it shall be kept in deposit with the Collector and be invested in such manner as the Collector thinks fit; and the person or persons who would for the time being have been entitled to the possession of the said land shall be entitled to receive the interest or other proceeds arising from such investment and the said money shall remain so deposited and invested until the same be applied in payment to any person or persons becoming absolutely entitled thereto.
 
 
 
 
(2) In all cases of moneys deposited to which this section applies, the cost of such investment including all reasonable charges and expenses incidental thereto and such other costs as may be prescribed shall be paid by the Collector.

Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs