State Act

THE JAUNSAR-BAWAR ZAMINDARI ABOLITION AND LAND REFORMS ACT, 1956

28. The compensation mentioned in the final compensation statement referred to in section 26 shall be due as from the appointed date and there shall be paid by the State Government on such compensation interest at the rate of 2 ½ per centum per annum from the appointed date to the date of -- [(i) in the case of the amount to be paid in cash in one lump sum, the finalization of compensation statement under section 26; and]1 (ii) in the case of the amount to be paid in annual installments, payment of the first installment and thereafter on such amount as may remain outstanding from time to time till the date of payment of last installment.