section 80N
Purchase price payable in instalments or in lump
The Mahe Land Reforms Act, 1968Civil1968209 sections
Statutory text
The purchase price determined under section 80H shall be payable in sixteen equal annual instalments:
Provided that it shall be open to the cultivating tenant to pay the purchase price in a lump, in which case the amount payable, shall be only seventy-five per cent of the purchase price:
Provided further that the cultivating tenant shall exercise his option to pay the purchase price in a lump before the date of the order under sub-section (7) of section 80H, and such option shall be final.
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