Works of Defence Act : PAYMENT OF INTEREST Indian Bare Acts :

Works of Defence Act,1903

Act No : 7

Section : PAYMENT OF INTEREST

SECTION 34: PAYMENT OF INTEREST

When the amount of any compensation award- ed under this Act is not paid or deposited within fifteen days of making the award, the Collector shall pay the amount awarded 'with interest thereon at the rate of six per centum per annum from the date of the award until it is so paid or deposited.