Print View

[Section Index]

The Embankment and Drainage Act, 1952 (East Bengal Act)

( ACT NO. I OF 1953 )

2. Liability for costs, apportionment and recovery thereof

Interest payable on amount apportioned

51. Interest shall be charged from the date of apportionment on the amount apportioned, less any instalment of such amount paid from time to time. The interest so charged shall be at the rate of five per centum, or at such rate, not exceeding five per centum, per annum, as the Government or the Authority may from time to time determine.


Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs