If the person who has been registered as occupant1[x x x] under this Chapter or his successor-in-title intends, within six years from the date of such registration1[x x x], giving up personal cultivation of the land, he shall surrender the land to the State Government, and on such surrender the State Government shall pay an amount equal to the premium paid and the depreciated value of improvements, if any, effected after the date of registration1[x x x], to the person surrendering and the other persons interested in the land. The surrendered land shall then be at the disposal of the State Government and the2[Tribunal] may thereafter dispose of it as surplus land vesting in the State Government.
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1. Omitted by Act 14 of 1965 w.e.f. 29.7.1965.
2. Substituted by Act 1 of 1974 w.e.f. 1.3.1974.