Section 79 Investment of money deposited in other cases - The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013

Investment of money deposited in other cases - Section 79 of Land Acquisition Act 2013

 

 

Investment of money deposited in other cases is defined under section 79 of Land Acquisition Act 2013. Provisions under these Sections are:

 

Section 79 of Land Acquisition Act 2013 "Investment of money deposited in other cases"

When any money shall have been deposited in the Authority concerned under this Act for any cause other than the causes mentioned in section 78, the Authority may, on the application of any party interested or claiming an interest in such money, order the same to be invested in such Government or other approved securities as it may think proper, and paid in such manner as it may consider will give the parties interested therein the same benefit from it as they might have had from the land in respect whereof such money shall have been deposited or as near thereto as may be