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Section 7: Payment of compensation

The Goa Motor Vehicles (Requisitioning and Control) Act, 1988State Act of Goa · Act 6 of 1988

The compensation determined under section 6 for requisitioning any motor vehicle shall be paid within a period of thirty days from the date of determination and in such manner as may be prescribed:

Provided that where requisitioning of a motor vehicle is likely to be continued for a period not less than a month, interim compensation of such adhoc amount as may be prescribed, may be paid:

Provided further that, where payment of the compensation is delayed beyond the period so prescribed, interest shall be payable on the amount or part of the amount in arrear at such rate not being less than ten per cent or more than thirteen per cent per annum as may be prescribed.

Where this provision sits

ActThe Goa Motor Vehicles (Requisitioning and Control) Act, 1988
Section7
Marginal notePayment of compensation
JurisdictionState of Goa
StatusIn force as published by the source

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