WHEREAS under sub-section (1) of section 6 of the [* * *] State Acquisition and Tenancy Act, 1950, a rent-receiver whose rent-receiving interests not held under wakf, wakf-al-aulad, debutter or any other trust are acquired under sub-section (1) of section 3 of that Act is, with effect from the date of acquisition, entitled to receive annually in cash in respect of such interests an ad-interim payment at the rate of one-third of the net income on account of the demands of rent and cesses for any period after the date of acquisition collected by the Government for such interests in the year to which such payment relates;
AND WHEREAS in the cases of such rent-receiving interests acquired after the 1st April, 1956, under sub-section (1) of section 3 of the said Act, it will take much time to collect necessary details and start and maintain separate accounts of collections of rents and cesses made by the Government in respect of such rent-receiving interests held by each rent-receiver for complying with the provisions of sub-section (1) of section 6 of the said Act;
AND WHEREAS the making of ad-interim payments in such cases according to the provision of sub-section (1) of section 6 of the said Act will in the aforesaid circumstances, be much delayed and will consequently cause much hardship to the rent-receivers concerned;
AND WHEREAS in order to avoid such hardship, it is considered expedient to make provisions for more expeditious ad-interim payments in such cases on a simpler basis;
It is hereby enacted as follows:-