Payment for sugarcane supplied

(1) The occupier of a factory or his agent shall work with the sugarcane growers or cooperative societies for the supply of sugarcane in accordance with the prescribed manner. (2) The State Government may, by notification, regulate the purchase of sugarcane by factories. (3) The occupier of a factory shall pay interest on the arrears due, at the rate prescribed under section 51, and the amount shall be recoverable as arrears of land revenue. (4) The owner of the unit shall pay the price at the rate fixed by the Government, and any failure to do so shall result in the recovery of the amount with interest as arrears of land revenue. (5) The Central Government reserve the right to fix the price of sugar or any other sugarcane product, and such order shall be binding.