section 5
Compensation to be paid in cash or in bonds.
The Jenmikaram Payment (Abolition) Act, 1960General196026 sections
Statutory text
The compensation payable under section 4 may be paid either in cash or in Government bonds carrying 4 per centum interest per annum and redeemable at the expiration of 6 years from the date of issue of bonds or partly in cash and partly in bonds, as may be prescribed.
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