Amendment of Section 2.

In Section 2 of the Principal Act, (a) for clause (g), the following shall be substituted and shall be deemed to have been substituted with effect from 1st day of November, 2000, namely:-"(g) "development plan" means a plan for the development or redevelopment or improvement of a planning area or part of planning area;" (b) after clause (g), the following shall be inserted, namely:-"(g-a) "development right" means right to carry out development or to develop the land or building or both and shall include the Transferable Development Right in the form of right to utilize the Floor Area Ratio of land utilizable either on the remainder of the land partially reserved for a public purpose or elsewhere, as the Final development control regulations provide in this behalf in the Development Plan or town development scheme;" (c) after clause (i), the following shall be inserted and shall be deemed to have been inserted with effect from 1st day of November, 2000, namely:-"(i-a) "final plot" means a plot reconstituted and allotted under the Town Development Scheme as final plot;" (d) in clause (k), after sub-clause (iii), the following shall be inserted and shall be deemed to have been inserted with effect from 1st day of November, 2000, namely:-"(iv) any authority constituted under this Act." (e) after clause (o), the following shall be inserted and shall be deemed to have been inserted with effect from 1st day of November, 2000, namely:-"(o-a) "planning unit(s)" means any part or section of the development plan; "(o-b) "plot" means a portion of land held in one ownership and enclosed by definite boundary, area and numbered;" (f) after clause (o-b), the following shall be inserted, namely:-"(o-c) "premium floor area" means the extra floor area, over and above the regular floor area, which can be granted by paying a premium amount, to the extent as may be decided in the development plan or town development scheme, as the case may be;" (g) after clause (o-c), the following shall be inserted and shall be deemed to have been inserted with effect from 1st day of November, 2000, namely:-"(o-d) "public purpose" means purposes as stated under Section 55 of the Act; (o-e) "reconstituted plot" means a plot which is in any way altered by the making of a town development scheme; Explanation - for the purposes of this clause "altered" includes the alteration of ownership of a plot partly or fully and its boundaries as per Section 19 and 50 of the Act;" (h) clause (oo) shall be omitted and shall be deemed to have been omitted with effect from 1st day of November, 2000. (i) for clause (u), the following shall be substituted and shall be deemed to have been substituted with effect from 1st day of November, 2000, namely:-"(u) "town development scheme" means the scheme prepared under this Act and includes a plan or plans, together with descriptive matter, if any, relating to such scheme;" (j) after clause (v), the following shall be inserted, namely:-"(v-a) "transfer of development rights" means a development right to transfer the potential of a plot designated for a public purpose or otherwise, as specified in regulations, expressed in terms of total permissible built space calculated on the basis of Floor Area Ratio allowable for that plot, for utilization by the owner himself or by way of transfer by him to someone else from the present location to a specified area in the planning area as additional built space over and above the permissible limit: Provided that in the case when a plot is designated for public purpose, the development rights will be transferred in lieu of compensation for the surrender of the concerned plot to the concerned authority free from all encumbrances;" (k) clause (w) shall be omitted and shall be deemed to have been omitted with effect from 1st day of November, 2000.