Section 5: Procedure on application for commutation

The Workmen’s Compensation Rules, 1924State Rules of Punjab · 1923

(1) Where application is made to the Commissioner under Section 7 for the redemption of a right to receive half-monthly payments by the payment of a lump sum, the Commissioner shall form an estimate of the probable duration of the disablement and shall award a sum equivalent to the total of the half-monthly payments which would be payable for the period during which he estimates that the disablement will continue, less one half per cent of that total for each month comprised in that period:

Provided that fractions of a rupee included in the sum so computed shall be disregarded.

(2) When, in any case to which sub-rule (1) applies, the Commissioner is unable to form an approximate estimate of the probable duration of the disablement, he may from time to time postpone a decision on the application for a period not exceeding two months at any one time.

PART II DEPOSITS OF COMPENSATION

Where this provision sits

Act	The Workmen’s Compensation Rules, 1924
Section	5
Marginal note	Procedure on application for commutation
Jurisdiction	State of Punjab
Status	In force as published by the source

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