LAND ACQUISITION AND COMPENSATION ACT 1986 - SECT 54 Interest on compensation where no land taken
LAND ACQUISITION AND COMPENSATION ACT 1986 - SECT 54
Interest on compensation where no land takenIf an amount is awarded as compensation under Part 5 or section 26(12), the amount that represents the difference between the amount of compensation awarded and the amount of compensation offered by the Authority immediately before the claimant's claim became a disputed claim bears interest at the rate for the time being determined under section 52 from the date that the right of claim accrued to the claimant until the date that the compensation is paid by the Authority.