37.5% Arable Rent Reduction Act. | Land Portal

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Date of publication: 
Junio 1951
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ISBN / Resource ID: 
LEX-FAOC166868
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This Act governs the leasing of farm land.The amount of rent from farm land shall not exceed 37.5 per cent of the total annual harvest of the principal product of its main crops. It shall be reduced to 37.5 per cent if the originally agreed rent is more than 37.5 per cent. It shall not be increased to 37.5 per cent if the originally agreed rent is less than 37.5 per cent.The Municipal or County (City) Government and the Village (Township,City, District) Office shall respectively set up the Farm Land Tenancy Committee.

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