Section 60: Purchase price to bear interest

The Kerala Land Reforms Act, 1963 (No.1 of 1964)State Act of Kerala · Act 1 of 1964

The purchase p1 ice payable shall bear mterest at the rate of 4! per cent per annum from the date on which the nght, title and interest of the landowner and the inter mediaries vested m the cultivating tenant. Where the purchase price is paid in instalments, the second and subsequent instalments shall be deposited together with interest on the amount outstanding on the date ( of deposit.

6 I. Cultivatmg tenant to pay rent pending purchase.-Notwithstanding the filing of an application under section 54, a cultivating tenant shall be liable to pay rent to h1s landlord unttl he makes the deposit under sub-section (I) of section 59.

Where this provision sits

Act	The Kerala Land Reforms Act, 1963 (No.1 of 1964)
Section	60
Marginal note	Purchase price to bear interest
Jurisdiction	State of Kerala
Status	In force as published by the source

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