Act XVI of 1895.

Commutation of service

1. (1) The Collector may, with the consent of the holder of a watan, given in writing, relieve him and his heirs and successors in perpetuity of their liability to perform service upon such conditions, whether consistent with the provisions of this Act or not, as may be agreed upon by the Collector and such holder.
2. (2) [Validation of prior settlements.] Rep. Act XVI of 1895.
3. (3) Every settlement made or confirmed under this section shall be binding upon both [the [State] Government] and the holder of the watan and his heirs and successors.
4. (4) The word "holder" for the purposes of this section includes any sole owner or the whole number of joint owners or any person dealt with as representative of the persons beneficially interested or entered as such in the Government records at the time of the settlement.