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[Cites 0, Cited by 0] [Section 9A] [Entire Act]

State of Punjab - Subsection

Section 9A(ii) in The Nazool Lands (Transfer) Rules, 1956

(ii)[ In case a Cooperative Society or an individual allottees makes default in making payment of two or more installments at any stage, the Collector of the district after giving the allottees a reasonable opportunity of being heard may charge interest at the rate of 9½ percent per annum for the period of default, or cancel the allotment whereupon the land shall be reverted to the State Government.] [Amended vide Notification No. 5359-R-I-79/34286. dated the 22nd August, 1979.]