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Section 4: Amount to be paid by the Government

The Kerala Service Inam Lands (Vesting and Enfranchisement) Act, 1981State Act of Kerala · Act 17 of 1981

(1) In consideration of the vesting in the Government of the right, title and interest of any landowner in Service Inam lands under section 3, the Government shall, subject to the provisions of this Act, pay to such landowner an amount calculated at the rate of one thousand two hundred rupees per acre of such lands.

(2) The amount payable under sub-section (1) shall be paid in cash in lump and shall bear interest at the rate of four and a half per cent per annum from the date on which the order of the Settlement Officer under sub-section (4) of section 7 has become final, till the date of payment.

Where this provision sits

ActThe Kerala Service Inam Lands (Vesting and Enfranchisement) Act, 1981
Section4
Marginal noteAmount to be paid by the Government
JurisdictionState of Kerala
StatusIn force as published by the source

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