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[Cites 0, Cited by 0] [Section 36] [Entire Act]

State of Puducherry - Subsection

Section 36(iii) in Pondicherry Revenue Recovery Act, 1970

(iii)A sum of money equal to fifteen per cent of the price of the land shall be deposited by the purchaser in the hands of the Collector, or other Officer empowered by him in this behalf, at the time of the purchase, and if the remainder of the purchase money is not paid within thirty days of such purchase, the money so deposited shall be liable to forfeiture.