(1) Where application ts made to the Conuntssioner under Section 7 for the redemption of a right to receive half-monthly payments by the payment of a lump sum, the Commtssloner shall form an esttmate of the probable duration of the disablement, and shall award a sum equivalent to the total of the half-monthly payments which would be payable for the period cturtng Which he estimates that the disablement Will continue, less one-half per cent of that total for each month comprtsed in that period:
(42) Scanned by CamScanner 43 TiiE WORKMEN'S COMPEN TION RULES. l 924 PrOVlded that fracuons of a rup Included In the sum so computed •hall be disregarded.
(2) When. In any case lo whtch sub-rule[!) applies. the ·co111Jnlsstoner ls unable to form an approximate estimate of the probable duration of the dlsablemen1. he may from ume 10 ume postpone a decision on the appllcattor, for a period not CXCccdlng two months at any one time.
IRuJes6--a
PART II DEPOsIT OF COMPENSATION