Distribution of compensation

Distribution of compensation.

1. (1) The Collector shall disburse the compensation awarded under this Act to the persons entitled thereto and shall complete the distribution of the amount within a period of three months from the date of the award: Provided that in case of the land acquisition being of sub-judice nature or where the land titles are disputed, the Collector shall deposit the amount of compensation in the account of the appropriate Authority as provided in sub-section (2).
2. (2) The Collector shall deposit the un-paid compensation in the account of the appropriate Authority to be maintained for this purpose in a scheduled bank, which shall be operated as per the guidelines issued by the appropriate Government.
3. (3) The appropriate Authority shall keep the compensation in a separate account and shall release the amount to the person entitled after due verification of the title of the land.
4. (4) In the event of the compensation remaining un-paid or un-deposited for a period of more than five years, the amount of the compensation shall be transferred to the Consolidated Fund of the State.