Landholder when and to whom to pay kist. Board of Revenue may alter amounts and dates of payment

Every landholder shall pay to the Collector, or other officer empowered by him to receive it, the revenue due upon his land on or before the day on which it falls due, according to the kistbandi or other engagement, and where no particular day is fixed, then within the time when the payment falls due according to local usage: Provided that, except where property is held under a Sanad-i Milkiyat-i-istimrar or other similar instrument, it shall be lawful for the Board of Revenue, by notification published in the District Gazette, to alter and fix, from time to time, the amount of the several kists or instalments, and the dates at which they shall respectively become payable. For section 7 of the principal Act, the following section shall be substituted, namely :-"7. Penalty on arrears.--Penalty shall be charged on arrears of revenue at the rate of 5 per cent per fasli year or part thereof; provided that no such penalty shall be charged for the fasli year in which the revenue falls due and for the next succeeding fasli year.".