Preamble

AN ACT TO PROVIDE FOR THE ACQUISITION OF LANDS IN THE NAGARJUNASAGAR PROJECT AREA. WHEREAS the execution of the Nagarjunasagar Project has been taken up in order to conserve and utilize to the best advantage the waters of the Krishna river; AND WHEREAS it is necessary, to acquire lands for the excavation of canals and distributaries, construction of buildings and other works required for the said Project; AND WHEREAS it is necessary, in assessing the compensation to be paid for the lands acquired, to disregard speculative purchases made in the expectation of the execution of the said Project; Be it enacted in the Seventh Year of the Republic of India as follows:-