Amendment status not verified — confirm the current text below against the official source.
Kanam tenant liable to pay compensahon.-(1) The Government shall be entltled to collect from each kanam tenant and each kdnam tenant shall be hable to pay to the Government an amount equal to e1ght and one-th1rd times the 3enm1karam payable by hrm to his Jenmt, towards compensa- twn for the extmgmshment by the Government of his bab1hty to pay Jenm1karam to hts jenm1 (2) Notw1thstandmg anythmg contamed m sub-section (1), the 1enm1karam. 1f any, pa1d by the kanam tenant m accordance \nth the prov1s10ns of the Kanam Tenancy Act. 1955, for any periOd commencmg on the appomted doy, shall be deducted from, and adJusted agamst the compensatwn payable by h1m under that sub-sectwn (3) The compensatwn recoverable hum the kanam tenant shall. <;UbJect only to the pnonty of any tdx or ces!- payable to the Government, be a first charge on the holdmg and shall be recovered from the kanam tenunt m the manne1 heremafter prov1ded 17 Compensation recoverable in sixteen instalments.- (1) The kanam tenant shall be liable to pay to the Government 79 the compensatiOn due from h1m under section 16 in sixteen equal half-yearly mstalments w1th mterest at four and a halt per centum per annum, the first mstalment commencmg from ->uch date as the Government may not1fy, provided that nothmg m th1s sub-sectJOn shall be deemed to preclude a kanam tenant from paymg at any tlme a large sum than the amount of an Instalment or from paymg the whole amount due m one mstalment (2) If any sum m excess of the amount of an mstalment IS pa1d, 1t shall be cred1ted m reduction of the total amount due, the number of future mstalments bemg, 1£ necessary, reduced, but no postponement of subsequent mstalments shall be perm1tted. nor shall the alterat1on m the amounts of sub- sequent mstdlmenls allowed except m the hnal mstalment, lf such alteratiOn 1s necessary to ddJust the balance due (:3) Where a kanam tenaut pays the ent1re amount due m a lump sum on the date on wh1ch the first mstalment 1s payable, he shall be allowed a rebate of five per centum of the amount so pa1d 18 Payment· of compensation to the nearest Treasury.- All payments due under section 16 shall be pa1d 1n such manner as rr:ay be prescnbed to the cred1t of the Government at the nearest Government Treasury or the V1llage Office w1thm the JUnsdlctwn of wh1ch the holdmg 1s s1tuate or at such other place a!> may be prescnbed 19 Condonation of dcfault.-The Government may, by general or spec1al order notified m the Gazette. for sufficient reason postpone the payment of any mstalment of the compensation or condone the default m payment of any mstalment of the compensatiOn on the due date 20 Obligation of transferor and transferee to give notice of transfcr.-(1) Whenever the title of any person pnmanly liable to pay the compensation under sub-sectwn ( 1) of secllon 16 1s trdmferred, the person whose title 1s transferred and the ·<>-- person to whom the same 1s transferred shall, w1thm three months- ( a) of the executwn of the mstrument of transfer or after 1ts reg1strat10n, 1f 1t be reg1stered, or after the transfer 1s effected 1f no m::.trument be executed, or 80 (b) from the date o£ pubhcdtlOn of the Kandm 'I'endncy Abohtion Ordmance, 1975, m the Gazette, whichever IS later, g1ve notice of ~uch transfer to the Settle- ment Officer (2) In the event of the death of dny person pnmdnly 't: hable a<> aforesaid, the person to whom the t1tle of the deceased has been transferred as he1r or otherwise, shall g1,·e notice of such transfer to the Settlement Officer w1thm one year of the death of the deceased or witlun one year from the date of pubhcat1on of the Kanam Tenancy AbolitiOn Ordmance, J fl/5 m the Gazette, whichever IS later (3) The notice to be g1ven unde1 th1s sedwn shall be m such torm as may be prescnbed and the tran':>feree or the person to whom the title passes, as the case may be. shall, If so reqmred, be bound to produce before the Settlement Officer any document evidencmg such transfer or successiOn (4) Every person who does not give nol1ce of any tramfer referred to m sub-sectwn (1) or sub-.,ectJOn (2) m accordance w11 h the proviswns of thl'> sectwn shall (m add1t10n to any other hab1hty wh1ch he may mcur through such neglect) continue hable for the payment of the compensatJon m respect of the land transferred unt1l he g1ves such notice or until the transfer has been recorcled m the revenue registers. but nothmg m th1s sectiOn shall be held to affect the liability of the transferee for the payment of the sa1d compensatLOn