(1) Where an order for the purchase of any immovable property by the Central Government is made under sub-section (1) of section 269UD, the Central Government shall pay, by way of consideration for such purchase, an amount equal to the amount of the apparent consideration.
(2) Notwithstanding anything contained in sub-section (1), where, after the agreement for the transfer of the immovable property referred to in that sub-section has been made but before the property vests in the Central Government under section 269UE, the property has been damaged (otherwise than as a result of normal wear and tear), the amount of the consideration payable under that sub-section shall be reduced by such sum as the appropriate authority, for reasons to be recorded in writing, may by order determine.
Section 269ST Mode of undertaking transactions
Section 269T Mode of repayment of certain loans or deposits
Section 269TT Mode of repayment of Special Bearer Bonds, 1991
Section 269U Commencement of Chapter
Section 269UB Appropriate authority
Section 269UC Restrictions on transfer of immovable property
Section 269UE Vesting of property in Central Government
Section 269UF Consideration for purchase of immovable property by Central Government