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[Cites 0, Cited by 0] [Section 240K] [Entire Act]

State of Uttar Pradesh - Subsection

Section 240K(1) in The U.P. Zamindari Abolition and Land Reforms Act, 1950

(1)Except as provided in sub-section (3) the compensation mentioned in the final compensation statement referred to in Section 240-J, shall be paid in cash in one lump sum or in annual instalments-
(a)not exceeding ten in cases referred to in sub-sections (2) and (3) of Section 240-E; and
(b)not exceeding five in cases referred to in sub-sections (1) and (4) of Section 240-F,
as may be prescribed :Provided however, that where compensation is prescribed to be paid in instalments there shall be paid over and above the amount of compensation a sum equal to six and one-quarter per cent thereof.