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Section 16-A: Remission or reduction of interest.

The Levy of Tolls Act, 1995 ( 1938 A. D. )Union territory Act of Jammu and Kashmir · Act 8 of 1995

[16-A. Remission or reduction of interest.— Notwithstanding anything contained in this Act, the Government may, if it is of the opinion, for reasons to be recorded in writing that it is expedient to do so in the public interest, by notification, reduce or remit interest on arrears of toll determined to be payable subject to such conditions it may like to impose and for such period, as may be prescribed in this regard.]

Where this provision sits

ActThe Levy of Tolls Act, 1995 ( 1938 A. D. )
Section16-A
Marginal noteRemission or reduction of interest.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act XXIII of 2002. Section 16-A inserted by Act XXIII of 2002, s. 4.

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