Payment of compensation.

The compensation determined under the last preceding section for requisitioning any motor vehicle shall be paid within such period, at such intervals and in such manner as may be prescribed : Provided that, where payment of the compensation is delayed beyond the period so prescribed, interest shall be payable on the amount or part of the amount in arrear at such rate not being less than 3 per cent. or above 6 per cent. per annum and with effect from such date or dates as may be prescribed.