Bare ActsThe Kerala Land Reforms Act, 1963 (No.1 of 1964)

Section 58

Purchase przce payable tn znstalmeuts or m lump

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Purchase przce payable tn znstalmeuts or m lump.-The purchase price determined under section 57 shall be payable in Sixteen equal annual instalments : Provided that where the purchase pnce is less than Rs. 160, the number of instalments shall be so fixed by the Land Tnbunal that the amount payable m each mstalment shall not be less than Rs. 10: Provided further that 1t shall be open to the cultivating tenant to pay the entire purchase price in a Jump, in wh1ch case the amount payable shall be only seventy-five per cent of the purchase pnce.

Section 58 – The Kerala Land Reforms Act, 1963 (No.1 of 1964) | DailyLaw.ai