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[Cites 0, Cited by 0] [Section 5] [Entire Act]

British India - Subsection

Section 5(2) in British India Corporation Limited (Acquisition of Shares) Act, 1981

(2)The amount, referred to in sub-section (1), shall carry simple interest at the rate of four percent, per annum for the period commencing on the appointed day and ending on the date on which payment of such amount is made by the central government to the commissioner.