The LARR Act mandates different consent thresholds: 80% for private company acquisitions and 70% for PPP projects. This is a major reform from the old 1894 Act which required no consent.

1. 1 Pick up LARR Act, 2013.
2. 2 Go to Section 2(2).
3. 3 Read: 'for private companies — prior consent of at least eighty per cent of affected families.'

The text reads: Section 2(2): For acquisition for private companies, prior consent of at least 80% of affected families is required.