(1) The occupancy price payable under section 18 in respect of any land shall be paid in annual instalments not exceeding six in number, the amount of each such instalment being not less than—
(a) the annual land revenue assessment payable in respect of the land, where the same is payable by a member of a Scheduled Caste or Scheduled Tribe; or
(b) twice such assessment, in any other case.
(2) Where the occupancy price is paid in instalments as specified in sub-section CO, such instalments shall be paid along with the annual land revenue assessment, and the first instalment shall become due for payment before the expiration of the revenue year immediately following,—
(i) the date of the order made by the prescribed authority under section 25; or
(ii) where an appeal has been filed against such order, the date of decision in such appeal.
(3) Where a person liable to pay occupancy price is also entitled to receive any amount by way of compensation under the provisions of this Regulation, he may, subject to such conditions and in such manner as may be prescribed, adjust the occupancy price against the compensation.
CHAPTER V PROCEDURAL MATTERS