Any right to receive half-monthly payments may, by agreement between the parties or, if the parties cannot agree and the payments have been continued for not less than six months, on the application of either party to the Commissioner, be redeemed by the payment of a lump sum of such amount as may be agreed to by the parties or determined by the Commissioner, as the case may be.
Section 7: Commutation of half-monthly payments
The Workman Compensation Act, 1923State Act of Punjab · Act 8 of 1923
Where this provision sits
| Act | The Workman Compensation Act, 1923 |
|---|---|
| Section | 7 |
| Marginal note | Commutation of half-monthly payments |
| Jurisdiction | State of Punjab |
| Status | In force as published by the source |
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