Amendment status not verified — confirm the current text below against the official source.
Interim payment.- (1) Where the amount is not paid to an inamdar within a period of six months from the date of vesting, the State Government 16 shall, subject to such restrictions and conditions as to security, repayment or otherwise as may be prescribed, direct the payment to each such inamdar of an interim amount which shall be equal to one-fifth of the estimated amount payable. (2) Interest at the rate specified in sub-section (1) of section 14 on the estimated amount payable or on the balance of the estimated amount payable after deducting the interim payment under sub-section (1) may be paid every year until the amount payable is determined under section 16,- (a) if there are no persons interested in the amount other than such inamdar, to such inamdar ; (b) if there are persons other than the inamdars interested in the amount who have made claims under section 18, to such person or persons and in such proportions as all the persons interested in the amount may, by agreement in writing, specify. (3) The interim amount payable under sub-section (1) and the interest payable under sub-section (2) may be paid in the prescribed manner.