When the amount is not paid or deposited on or before taking possession of the land, the prescribed authority shall pay the amount with interest thereon at the rate of five per cent per annum from the time of so taking possession until it shall have been so paid or deposited and such interest shall be paid or deposited by the prescribed authority in the same manner as provided for the amount.
Section 24: Payment of interest
The Karnataka Slum Areas Development Act, 1973State Act of Karnataka · Act 33 of 1974
Where this provision sits
| Act | The Karnataka Slum Areas Development Act, 1973 |
|---|---|
| Section | 24 |
| Marginal note | Payment of interest |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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