Amendment status not verified — confirm the current text below against the official source.
The purchase price determined under section 65 shall be payable in sixteen equal annual instalments: ________________________________________________________________________ * Amended vide Act No.1 of 1981 w.e.f 1-4-1981vide Notification published in the Extraordinary Gazette No.32 dated 30.03.1981. 116 Provided that where the purchase price is less than Rs. 160 the number of instalments shall be so fixed by the Land Tribunal that the amount payable in each instalment shall not be less than Rs. 10: Provided further that it shall be open to the cultivating tenant to pay the entire purchase price in a lump, in which case the amount payable shall be only seventy-five per cent of the purchase price. Deposit of purchase price and issue of certificate of purchase