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Union of India - Section

Section 19 in Atomic Minerals Concession Rules, 2016

19. Payment of interest.

- The State Government may, without prejudice to the provisions contained in the Act or rules made thereunder, charge simple interest at the rate of twenty-four per cent. per annum on any rent, royalty or fee other than the fee payable under Sub-rule (2) of rule 23 and Sub-rule (3) of rule 8, or other sum due to that Government under the Act or rules made thereunder or terms and conditions of any mineral concession from the sixtieth day of the expiry of the date fixed by that Government for payment of such royalty, rent, fee or other sum and until payment of such royalty, rent, fee or other sum is made.