Section 11(e) in The M.P. Janpad Panchayat (Management of Ferries) Rules, 1999
(e)When a "B" class ferry is leased for more than one year, the total bid shall be divided by the number of years of the period of the lease. The rent thus determined for each year shall be payable in instalments calculated as above and the first instalment for the first year shall be payable within fourteen days of the date of acceptance of the bid by competent authority and the first instalment for the succeeding year shall be payable on the 1st May.
