Amendment status not verified — confirm the current text below against the official source.
Kudtya7l liable to pay compen~atton.-The Government ~hall be en- titled to collect fwm each Kudiyan and each Kudiyan shall be liable to pay to the Government an amount calcula.ted at 8 I/3 times the Jcnmtkaram payable by him to his Jenmi towards compensation for the extmgUishmcnt by the Government of Ius liabJltty to pay Jenmi- karam to his Jenmt and the conferment of fuli ownership on h1m in respect of hts holding. The compensat.on recoverable from a Kudiyan shall, subject only to the pnortty of any tax 01 cess payable to the Gov- ernment, be a first charge on the holdmg and shall be recovered from the Kud1yans in the manner hereinafter provided. !6 Compensation recoverable m stxteen mstalments.-The Kudiyan shall ~ be liable to pay to Govelllment the compensatioa due from htm under sect1on 15 in SIXteen equal half-yearly mstalments with intere:.t at 5 per centum per annum, the first instalment commencing from such date 81 as Govemment may notify provided that nothing in this section shall , be deemed to preclude a Kudiyan from paying at any time a larger sum than the amount of an instalment or from paying the whole amount due m one instalment. If any sum in excess of the amount of any in- stalment be paid, it shall be credited in reduction of the total amount due; the number of future instalments being, if necessary reduced, but no postponement of ~ub~equent mstalment shall be permitted, nor shall the alterat10n m the amounts of subsequent mstalmcnts allowed except in the final mstalment, if such alteratiOn is necessary to adjust the balance due. Where a Kudiyan pays the entire amount due in a lump sum on the date on wh1ch the first instalment IS payable, he shall be allowed a rebate of 5 per centum of the amount so paid.