Acquisition of land at cost of a local authority or
Company and Exemption from stamp-duty and fees
are defined under section 50 and 51 of Land Acquisition
Act 1894. Provisions under these Sections are:
Section 50 of Land Acquisition Act 1894 "Acquisition of land at cost of a local authority or Company"
(1) Where the provisions of this Act are put in force for
the purpose of acquiring land at the cost of any fund
controlled or managed by a local authority or of any
Company, the charges of and incidental to such acquisition
shall be defrayed from or by such fund or Company.
(2) In any proceeding held before a Collector or Court in
such cases the local authority or Company concerned may
appear and adduce evidence for the purpose of determining
the amount of compensation:
Provided that no such local authority or Company shall be
entitled to demand a reference under section 18.
Section 51 of Land Acquisition Act 1894 "Exemption from stamp-duty and fees"
No award or agreement made under this Act shall be chargeable with stamp-duty, and no person claiming under any such award or agreement shall be liable to pay any fee for a copy of the same