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[Cites 0, Cited by 0] [Section 11A] [Entire Act]

State of Punjab - Subsection

Section 11A(1) in Chandigarh (Sale of Sites and Buildings) Rules, 1960

(1)The total amount of rent determined under rule 6B together with interest thereon at the rate of 6 per cent per annum shall be payable in 144 monthly instalments as under ;-
(i)First thirty instalments at the rate of Rs. 6 per Rs. 1,000 on the reserve sale price; and
(ii)114 equated instalments of the remaining amount together with interest thereon at the rate of 6 per cent per annum.