Manner of payment of amount

§22

Summary

1[22. (1) The amount entered in the assessment roll shall be deemed to have become due on the date on which possession of the land is taken under section 14, and where possession of different lands of the person entitled to the amount is taken on different dates, on the last of such dates. (2) There shall be paid by the State Government on the amount entered in the assessment roll, interest at the rate of 31 per cent per annum from the date it becomes due under sub-section (1) to the date of its final determination under section 20 or section 21, as the case may be. (3) Subject to the provisions of section 23, the amount with interest referred to in sub-section (2) shall be paid — (i) if it does not exceed rupees one thousand, in cash in one lump sum ; (ii) in any other case, in five annual installments of which the first installment shall be of rupees one thousand, and the remainder shall be payable in four years in annual equal installment : Provided that the State Government may, in its discretion, make full payment of the amount outstanding at any time : Provided also that in case of the four annual installments referred to in clause (ii), further interest on the amount outstanding shall be paid at the rate of 31 per cent per annum from the date of final determination of the amount under section 20 or section 21, as the case may be, till the date when each such installment falls due. (4) The payment of the said amount in accordance with the provisions of this Act shall be full discharge of all liability of the State Government in respect of the surplus land, but shall not prejudice the right of any other persons against the person to whom such payment is so made in respect of the said amount. ]

1[22. (1) The amount entered in the assessment roll shall be deemed to have become due on the date on which possession of the land is taken under section 14, and where possession of different lands of the person entitled to the amount is taken on different dates, on the last of such dates. (2) There shall be paid by the State Government on the amount entered in the assessment roll, interest at the rate of 31 per cent per annum from the date it becomes due under sub-section (1) to the date of its final determination under section 20 or section 21, as the case may be. (3) Subject to the provisions of section 23, the amount with interest referred to in sub-section (2) shall be paid — (i) if it does not exceed rupees one thousand, in cash in one lump sum ; (ii) in any other case, in five annual installments of which the first installment shall be of rupees one thousand, and the remainder shall be payable in four years in annual equal installment : Provided that the State Government may, in its discretion, make full payment of the amount outstanding at any time : Provided also that in case of the four annual installments referred to in clause (ii), further interest on the amount outstanding shall be paid at the rate of 31 per cent per annum from the date of final determination of the amount under section 20 or section 21, as the case may be, till the date when each such installment falls due. (4) The payment of the said amount in accordance with the provisions of this Act shall be full discharge of all liability of the State Government in respect of the surplus land, but shall not prejudice the right of any other persons against the person to whom such payment is so made in respect of the said amount. ]

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