Amendment status not verified — confirm the current text below against the official source.
(1) The Government shall pay to every Thiruppuholder (other than a religious or charitable institution of a public nature established and maintained by a religious denomination or any section thereof or a service-Thiruppuholder) whose right to receive payment of Thiruppuvaram has been extinguished, compensation at twelve times the amount of Thiruppuvaram payable annually to the Thiruppuholder. (2) In computing the compensation payable under sub-section (1), five percentum of the annual Thiruppuvaram shall be deducted therefrom for collection charges and the balance alone shall be multiplied by twelve to constitute the compensation: Provided that no such deduction shall be made in cases where the liability to pay Thiruppuvaram was on the Government. (3) The amount of compensation payable under this section shall be deemed to have accrued due from the date on which the compensation is determined under sub-section (1) of section 11, an d the interest thereon shall be payable at the rate of four percentum per annum from that date till the date of payment of compensation in case the amount of compensation is paid in cash, or till the date of redemption of the bonds, if compensation is paid in Government bonds.