Procedure when defaulter fails to pay

When the amount due shall not have been paid pursuant to the terms of the demand, and no arrangement for securing the same shall have been entered into to the satisfaction of the Collector or other officer empowered by the Collector in that behalf, the distrainer shall transmit an inventory of the property distrained to the nearest public officer empowered to sell distrained property, under Act VII of 1839, in order that it may be publicly sold for the discharge of the arrear due, with interest, batta, and cost of distraint. In clause (h) of sub-section (1) of section 37-A of the principal Act, for the words "interest thereon", the words "penalty thereon" shall be substituted.