section 24
Payment of interest.
The Karnataka Slum Areas Development Act, 1973General197380 sections15 chapters
Chapter VI ACQUISITION OF LAND
Statutory text
When the amount is not paid or deposited on or before taking possession of the land, the prescribed authority shall pay the amount with interest thereon at the rate of five per cent per annum from the time of so taking possession until it shall have been so paid or deposited and such interest shall be paid or deposited by the prescribed authority in the same manner as provided for the amount.
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