(1) This Act may be called the Gauripur (Gholla) Zamindars Annuity Rights Abolition and Extinguishment Act, 1979.
In this Act, unless the context otherwise requires,-
Notwithstanding any judgement, decree or order of any court or any contract, agreement or treaty or any law in force on and from the commencement of this Act, annuity paid or payable by Government to the proprietors/Zamindars of Gauripur (Gholla) Estate or to other person who, at any time before such commencement, was recognised as proprietor/Zamindar of the said estate or any person who, at any time before such commencement was recognised as heirs, successors, executors and assignees or such proprietors/Zamindars, is abolished and all rights, liabilities and obligations pertaining to such annuity or any claim for its payment are extinguished and, accordingly, the proprietors/Zamindars of the said estate or, as the case may be, the other person recognised as proprietors/Zamindars of the estate or any person recognised as the heirs, successors, executors and assignees of such proprietors/Zamindars, on such commencement, shall cease to be recognised as such.
With the abolition of annuity pertaining to the Gauripur (Gholla) Estate and the extinguishment of all rights, liabilities and obligations or of any claim for payment of annuity under Section 3, there shall be paid by the State Government to the proprietors/Zamindars of the said estate or to other person who, at any time before the commencement of this Act, was recognised as the proprietor/Zamindar of the said estate or any person who, at any time before such commencement was recognised as the heirs, successors, executors and assignees of such proprietors/Zamindars, as the case may be , for such abolition and extinguishment, a sum of one lakh forty-three thousand two hundred eighty-eight rupees in lumpsum being twenty times the value of the annual annuity pertaining the said estate.