Amendment status not verified — confirm the current text below against the official source.
(1) The Government shall appoint, by order payment of in writing, a person having adequate knowledge and net amount. experience in matters relating to accounts, as Special Officer to assess the net amount payable under this . Act by the Goverl'lment to the licensee, alter making the deductions mentioned in section 9. · - · (2) The Special Officer may call for the assi•· tance of such Officers and staff of the Government or the Board or the undertaking as he may deem fit, in assessing the net amount payable. (3) The net amount due to a licensee under -- this Act shall be paid by the Government to -the - licensee within one year from the vesting date : Provided that this period may be suitably extended -by the Government if the licensee fails to furniah or delays the furnishing _ of _ accounts, information, particulars or documents as mentioned in section 12. (4) The net amount payable shall bear interest at 4 per cent per annum from the vesting date: Provided that no interest shall be payable during "dny extensions of time granted under the proviso to sub-section (3). (5) Where the gross amount payable to the licensee is equal to or less than the total amount to be deducted under section 9, no payment shall be made to the licensee by the Government. Provisions