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BALUCHISTAN ACQUISITION OF LAND (HOUSING AND DEVELOPMENT SCHEMES IN THE RURAL AREAS) ACT, 1974 BALUCHISTAN ACQUISITION OF LAND (HOUSING AND DEVELOPMENT SCHEMES IN THE RURAL AREAS) ACT, 1974 ACT XVIII OF 1974 An Act to provide for acquisition of land for housing and development schemes in the rural areas of the Province of Baluchistan [Gazette of Baluchistan, Extraordinary. 13th August 1974] No. Legis-X-(22)/74.---The Baluchistan Acquisition of Land (Housing and Development Schemes in the Rural Areas) Bill, 1974 having been passed by the Provincial Assembly of Baluchistan on 5th August 1974 and assented to by the Governor of Baluchistan, is hereby published as an Act of the Provincial Assembly. 8. Payment of compensation.----(1) The payment of compensation shall be in cash up to Rs. 5,00,000. (2) For amount of compensation above Rs. 5,00,000, instalments shall be fixed and the annual instalment shall not be less than Rs. 5,00,000. The claimant shall be entitled to interest at 6% per annum on the amount of compensation remaining unpaid: Provided that the period of payment of compensation shall not exceed 10 years.