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The Maharashtra Prevention Of Fragmentation And Consolidation Of Holdings (Amendment) Act, 2024

The Maharashtra Prevention Of Fragmentation And Consolidation Of Holdings (Amendment) Act, 2024

The Maharashtra Prevention Of Fragmentation And Consolidation Of Holdings (Amendment) Act, 2024

[5 OF 2025]

[01st January 2025]

PREAMBLE

An Act further to amend the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act.

WHEREAS both Houses of the State Legislature were not in session ;

AND WHEREAS the Governor of Maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act, for the purposes hereinafter appearing ; and, therefore, promulgated the Maharashtra Prevention of Fragmentation and Consolidation of Holdings (Amendment) Ordinance, 2024 on the 15th October 2024 ;

AND WHEREAS it is expedient to replace the said Ordinance, by an Act of the State Legislature ; it is hereby enacted in the Seventy-fifth Year of the Republic of India as follows.

Section 1. Short title and commencement.

(1)     This Act may be called the Maharashtra Prevention of Fragmentation and Consolidation of Holdings (Amendment) Act, 2024.

(2)     It shall be deemed to have come into force on the 15th October 2024.

Section 2. Amendment of section 9 of LXII of 1947.

In section 9 of the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act (hereinafter refered to as " the Principal Act"), in sub-section (3), in the first proviso,-

(1)     for the words, brackets and figures "Maharashtra Prevention of Fragmentation and Consolidation of Holdings (Amendment) Act, 2017" the words, brackets and figures "the Maharashtra Prevention of Fragmentation and Consolidation of Holdings (Amendment) Act, 2024" shall be substituted ;

(2)     for the words and figures "at such per centum not exceeding 25 per cent. of the market value of such land as per the Annual Statement of Rates, as the Government may notify from time to time, in the Official Gazette" the words "of five per cent. of the market value of such land as per the Annual Statement of Rates" shall be substituted.

Section 3. Repeal of Mah. Ord. XIV of 2024 and saving.

(1)     The Maharashtra Prevention of Fragmentation and Consolidation of Holdings (Amendment) Ordinance, 2024, is hereby repealed.

(2)     Notwithstanding such repeal, anything done or any action taken (including any notification or order issued) under the corresponding provisions of the principal Act, as amended by the said Ordinance, shall be deemed to have been done, taken or issued, as the case may be, under the corresponding provisions of the principal Act, as amended by this Act.