Indian Succession Act : When annuity, to be paid quarterly or monthly, first falls due. Indian Bare Acts

Indian Succession Act,1925

Act No : 39

Section : When annuity, to be paid quarterly or monthly, first falls due.

339. When annuity, to be paid quarterly or monthly, first fallsdue.-Where there is a direction that the annuity shall be paidquarterly or monthly, the first payment shall be due at the end of thefirst quarter or first month, as the case may be, after the testator's159death; and shall, if the executor or administrator thinks fit, be paidwhen due, but the executor or administrator shall not be bound to payit till the end of the year.