Fair rent

Fair rent. (33) “member of the Armed Forces” means a person in the service of the Air Force, Army or Navy of the Union of India; (1) The fair rent in respect of a holding shall be the rent payable by the cultivating tenant to his landlord. (2) The fair rent shall be, --- (a) in the case of nilams, 50 per cent of the contract rent, or 75 per cent of the fair rent determined under any law in force immediately before the 22nd day of March, 1968, or the rent calculated at the rates specified in Schedule II applicable to the class of lands comprised in the holding, whichever is less; (b) in the case of other lands, 75 per cent of the contract rent, or the fair rent determined under any law in force immediately before the 22nd day of March, 1968, or the rent calculated at the rates specified in Schedule II applicable to the class of lands comprised in the holding, whichever is less: Provided that the tenant may, by notice sent to the landlord by registered post, opt to pay --- (i) in the case of any nilam, 50 per cent of the contract rent, or 75 per cent of the fair rent determined under any law in force immediately before the 22nd day of March, 1968, or the rent calculated at the rates specified in Schedule II applicable to the class of lands comprised in the holding; (ii) in the case of other lands, 75 per cent of the contract rent, or the fair rent determined under any law in force immediately before the 22nd day of March, 1968, or the rent calculated at the rates specified in Schedule II applicable to the class of land comprised in the holding, and where the tenant has so opted, such rent shall be deemed to be the fair rent for all purposes of this Act with effect from the beginning of the agricultural year in which such notice was sent to the landlord.