Amendment of Section 127 (7) (iii) of the Bihar Act 11, 2007.- In the said Act in

Section 127(7)(iii) of the Bihar Municipal Act, 2007 shall be substituted by the following as under”

“The rental value per sq. ft. of the built-up area for different classes of holdings

shall be increased by minimum 15% every 5 years. The municipality may also increase the rental value and rates at any time during the five year period with the prior approval of the government”