After admitting a claim under this Act, the amount due in respect of such claim shall be credited by the Commissioner to the relevant fund or be paid to the person or persons to whom such sums are due and on such credit or payment the liability of the owner in respect of such claim shall stand discharged.
Section 24: Disbursement of money by the Commissioner to claimants.
The Sick Textile Undertakings (Nationalisation) Act, 1974Central Act · Act 57 of 1974
Where this provision sits
| Act | The Sick Textile Undertakings (Nationalisation) Act, 1974 |
|---|---|
| Section | 24 |
| Marginal note | Disbursement of money by the Commissioner to claimants. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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