Amendment status not verified — confirm the current text below against the official source.
(1) Where the purchase price payable by the cultivating tenant is determined under section 80H, the cultivating tenant shall deposit with the Land Tribunal, -- (a) where the purchase price is opted to be paid in a lump, the entire amount due within nine months; or (b) where the purchase price is to be paid in instalments, the first instalment thereof within three months, from the date on which the order of the Land Tribunal under sub-section (7) of section 80H has become final. (2) Where the purchase price is paid in instalments, the second and subsequent instalments shall be deposited with the Land Tribunal within such time and in such manner as may be prescribed. 139 (3) Where the purchase price or any instalment thereof is not deposited on the due date the amount in default shall bear interest at the rate of four and a half per cent annum from that date till the date of deposit. Assignment by mutual agreement