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[Cites 0, Cited by 0] [Section 231A] [Entire Act]

State of Punjab - Subsection

Section 231A(4) in The Punjab Motor Vehicles Rules, 1989

(4)The Claims Tribunal shall, in the case of illiterate claimants, order that the amount of compensation awarded, be invested in fixed deposits for a minimum period of three years, but if any amount is required for effecting purchase of any moveable or immoveable property for improving the income of the claimant, the Claims Tribunal may consider such a request after being satisfied that the amount would be actually spent for the purpose.