Section 4: Amount to he paid by the Government

( 1) In consideration of th< vesting in the Government of the right, title and interest of any landownc~ in Sctvicc lnam lands under section 3, the Government shall, subject to tht• provisions of this Act, pay to such landowner an amount calculated at thl rate of one thousand two hundred rupees per acre of such lands.

(2) The amount payable under subsection ( 1) shall be paid in ca~h in Jump and shall bear interest at the rate of four and a half per cent pea anntUll from the date on which the order of the Settlc1nent Officer undeJ subsection ( 4) of section 7 has become final, till the date of payment.