Section 6-B: Levy of interest on delayed payment of Toll.

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

Notwithstanding anything contained in this Act, if any amount due under this Act is not paid on demand, the person from whom the amount is due shall be liable to pay interest on such amount from the date it was payable to the date of actual payment on the following rates :––

(a) if the default is for a period not exceeding six months at 2 per month ; and

(b) if the default is for a period exceeding six months at 3 per month.]

Where this provision sits

Act	The Levy of Tolls Act, 1995 ( 1938 A. D. )
Section	6-B
Marginal note	Levy of interest on delayed payment of Toll.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In 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 III of 2000. Sections 6-A and 6-B inserted by Act III of 2000, s. 3.

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