Amount payable for lands

[See section 15] 1. The amount payable for any land vested in the Government under this Act shall be calculated in the manner hereinafter laid down. 2. The total land revenue payable on all the lands surrendered by the person and vested in the Government shall first be calculated. On the total land revenue so calculated the amount payable shall be computed as follows ;- (i) when the total land revenue payable does not exceed Rs. 50, one hundred times the land revenue; (ii) when the total land revenue payable exceeds Rs. 50, but does not exceed Rs 150, fifty times the Iand revenue subject to a minimum of Rs. 5,000; (iii) when the total land revenue payable exceeds Rs.150 but does not exceed Rs. 500, twenty times the land revenue subject to minimum of Rs. 7,500; (iv) when the total land revenue payable exceeds Rs. 500, ten times the land revenue subject to a minimum of Rs. 10,000 and a maximum of Rs. 1 lakh. 3. Where the land contains any fruit-bearing trees or permanent structures, the amount payable therefor shall be calculated in such manner as may be prescribed. Explanation.- In this Act, ‘land revenue’ means the land revenue as defined in clause (f) of section 2 of the Telangana Land Revenue (Enhancement) Act, 1967 or as determined under that Act together with additional land revenue as levied under that Act as on the notified date: Provided that in the case of land registered as dry in the land revenue accounts but deemed to be wet land under this Act or vice versa the land revenue in respect of the Iand so deemed shall be the same as for similar wet or dry land in the vicinity as the case may be; Provided further that in the case of any land in respect of which no land revenue is payable, the land revenue in respect of such land shall be the same as the land revenue payable for similar land in the vicinity.