Bare ActsThe Himachal Pradesh New Mandi Townships (Development and Regulation) Act 1973

Section 12

Imposition of penalty

Amendment status not verified — confirm the current text below against the official source.

Imposition of penalty.- Where any transferee or occupier defaults in the payment of any fee levied under this Actor the rule mode thereunder and such default has continued for three months from the due date, then, in addition to the arrears, a sum equal to twenty percentum of that amount shall be recovered from the transferee or occupier, as the case may be, by way of penalty.

Section 12 – The Himachal Pradesh New Mandi Townships (Development and Regulation) Act 1973 | DailyLaw.ai