section 12
Compensation to be paid in cash or in bonds
The Thiruppuvaram Payment (Abolition) m Act 1969General196941 sections
Statutory text
The compensation payable under section 6 may be paid either in cash or in Government bonds carrying interest at the rate of 4 percentum per annum and redeemable after the expiration of six years from the date of issue of the bonds, or partly in cash and partly in such bonds, as may be prescribed.
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