Q.
(a) Land alienation premium is determined by the State Authority upon approval of land alienation to either individual body. The calculation of premium depends on 5 main factors. Using appropriate example explain the above factors. (15 marks)
(b) Additional premium will be imposed if the state authority approved a number of categories of application. Clarify the meaning of additional premium and explain the situation where addition premium is imposed. (10 marks)
(25 marks, 2022 Q6)