The compensation payable under section 4 may be paid either in cash or in Government bonds carrying 4 per centum interest per annum and redeemable at the expiration of 6 years from the date of issue of bonds or partly in cash and partly in bonds, as may be prescribed.
Section 5: Compensation to be paid in cash or in bonds
The Jenmikaram Payment (Abolition) Act, 1960State Act of Kerala · Act 3 of 1961
Where this provision sits
| Act | The Jenmikaram Payment (Abolition) Act, 1960 |
|---|---|
| Section | 5 |
| Marginal note | Compensation to be paid in cash or in bonds |
| Jurisdiction | State of Kerala |
| Status | In force as published by the source |
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