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Section 4. Power to levy and collect conversion tax

With effect on and from the date of commencement of this Act, every owner 1[xxx] of agriculture land shall have to pay a conversion *[tax] for non-agricultural purposes, 2[as per the rates prescribed by the Government from time to time] in areas as may be notified by the Government from time to time:

3[xxx]

4[xxx]

1Superscript markers show text inserted or substituted by a later amendment. The Act carries the markers without the footnotes they refer to, so they are shown without a target.