Section Text
b)], 4 [(d) or (k)] of section 5 to be so deducted. 5 [
Provided that where compensation is payable by way of the perpetual annuity under section 4 or clause (2) of section 28 the deduction under anyone or more of the aforesaid clauses of section 5 shall not together exceed twenty-five per centum of such annuity]. 6 [Provided further that in case where the amount due under the said clauses of section 5 cannot be fully recovered within a period of thirty years from the date of vesting by making deduction at the maximum rate as provided in the preceding proviso, the Compensation Officer shall refer the case to the Board of Revenue, which may fix a higher rate of deduction not exceeding fifty percentum of the annuity and in so affixing the Board shall, where the annuity relates to any estate held under a trust or other legal obligation referred to in clause (2) of section 28, have due regard to the obligatory expenditure to be met by such trust or under such legal obligation].
(2) The amount of compensation so payable in terms of a Compensation Assessment -roll as finally published shall be paid as hereinafter provided to the person or persons entitled thereto according to the said roll and in case of death of person or persons so entitled before the compensation is received by him or them to his or their legal representatives.
(3) The amount of compensation to which an Intermediary shall be entitled under sub-section (1) shall carry interest at two and a half per centum per annum and the compensation together with the interest shall be payable on and from the date of vesting in thirty annual equated instalments :