State Act
24
Section 24. Payment of interest.
THE KARNATAKA SLUM AREAS DEVELOPMENT ACT, 1973
Act no. 33 of 19741974In forceKarnataka (State Act)
24. Payment of interest.- When the amount is not paid or deposited on or before taking possession of the land, the prescribed authority shall pay the amount with interest thereon at the rate of five per cent per annum from the time of so taking possession until it shall have been so paid or deposited and such interest shall be paid or deposited by the prescribed authority in the same manner as provided for the amount.