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The Bangalore Palace (Acquisition and Transfer) Act, 1996 Section 14 - Bare Act

StateKarnataka Government
Year
Section TitlePayment by the State Government to the Commissioner
Act Info:

(1) The State Government shall, within thirty days from the appointed day deposit, in cash, with the Commissioner, for payment, to the legal representatives, heirs and other interested persons ,-

(a) an amount equal to the amount specified in section 8; and

(b) an amount equal to the amount payable under section 9.

(2) A deposit account shall be opened by the State Government in favour of the Commissioner in the public account of the State, and every amount paid under this Act to the Commissioner shall be deposited by him to the credit of the deposit account and the said deposit account shall be operated by the Commissioner.

(3) Records shall be maintained by the Commissioner in respect of the Palace in relation to which payments have been made to him under this Act.

(4) The interest accruing on the amount standing to the credit of the deposit account referred to in sub-section (2) shall enure to the benefit of the legal representatives or heirs and other interested persons.




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