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Section 92: Payment of compensatzon and amount of encumbrance

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

( l) The compensation or the amount of encumbrance, as the case may be, shaH be paid either in cash or in negotiable bonds redeemable in s1xteen years and carrying interest at the rate of 4! per cent per annum with effect from the date on which the ownership or possession or both of the land has or have vested in the Government under sectiOn 86 or section 87, or partly in cash and partly m such bonds, in such manner as may be prescribed.

(2) The provisions of sub-sections (7), (8) and (9) of section 63 shall, as far as may be, apply in regard to the payment of compensation and other amounts under this section.

Where this provision sits

ActThe Kerala Land Reforms Act, 1963 (No.1 of 1964)
Section92
Marginal notePayment of compensatzon and amount of encumbrance
JurisdictionState of Kerala
StatusIn force as published by the source

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