The amount of compensation payable under the provisions of this Regulation shall be payable in transferable bonds which shall carry interest at the rate of three per cent. Per annum from the date of the issue of such bonds, and which shall be repayable during a period of twenty years from the date of the issue of such bonds by equated annual instalments of principal and interest. The bonds shall be of such denominations, and shall be in such forms, as may be prescribed.
Section 19: Amount of Compensation to be payable in transferable bonds.
The West Khandesh Mehwassi Estates (Proprietary Rights Abolition, etc.) Regulation, 1961.State Act of Maharashtra · Act 1 of 1962
Where this provision sits
| Act | The West Khandesh Mehwassi Estates (Proprietary Rights Abolition, etc.) Regulation, 1961. |
|---|---|
| Section | 19 |
| Marginal note | Amount of Compensation to be payable in transferable bonds. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
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