LawgistThe Indian Succession Act
354No interest on arrears of annuity within first year after testator’s death
No interest is payable on the arrears of an annuity within the first year from the death of the testator, although a period earlier than the expiration of that year may have been fixed by will for making the first payment of the annuity.
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CHAPTER XL.--Of the Produce and Interest of Legacies
- 349 Legatee’s title to produce of specific legacy
- 350 Residuary legatee’s title to produce of residuary fund
- 351 Interest when no time fixed for payment of general legacy
- 352 Interest when time fixed
- 353 Rate of interest
- 354 No interest on arrears of annuity within first year after testator’s death
- 355 Interest on sum to be invested produce annuity
