State Act

48

Section 48. Exchange of land

Rajasthan Tenancy Act, 1955

Act no. 3 of 19551955In forceRajasthan (State Act)

48. Exchange of land— (1) Tenants of the same class may exchange land which they hold from the same landholder with the written consent of such landholder or which they hold from different landholders with written consent of all such land holders. (2) A landholder may in agreement with a tenant given such tenant land other than land which is let, in exchange for land which is included in such tenant's holding. 29a[(3) Any person, company or government entity involved in the setting up of a power plant based on renewable energy on its land may submit a proposal to the State Government to exchange any parcel of land in its possession as a tenant and adjacent to the land used for setting up of a power plant, with any parcel of government land falling within the land used for setting up of a power plant. The State Government may on examining such proposal, order for exchange of parcel of government land with the land offered to be exchanged by such person company or government entity. Provided that the land to be exchanged with the government land should be equivalent or higher in market value as determined by competent authority. Explanation.-“ market value” means the market value as defined in clause (xxiii) of section 2 of he Rajasthan Stamp Act, 1998 (Act No. 14 of 1999).]