section 17
Amount of compensation to be payable in transferable bonds
Bombay City (Inami And Special Tenures) Abolition And Maharashtra Land Revenue Code) (Amendment) Act, 1969Tax196924 sections
Statutory text
The amount of compensation payable under the provisions of this Act shall be payable in transferable bonds carrying interest at the rate of four per cent. per annum from the date of the issue of such bonds, and shall be repayable during a period of twenty years from the date of the issue of such bonds by equated annual instalments of principal and interest.
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