The compensation determined under the last preceding section for requisitioning any motor vehicle shall be paid within such period, at such intervals and in such manner as may be prescribed :
Provided that, where payment of the compensation is delayed beyond the period so prescribed, interest shall be payable on the amount or part of the amount in arrear at such rate not being less than 3 per cent. or above 6 per cent. per annum and with effect from such date or dates as may be prescribed.
Provided that, where payment of the compensation is delayed beyond the period so prescribed, interest shall be payable on the amount or part of the amount in arrear at such rate not being less than 3 per cent. or above 6 per cent. per annum and with effect from such date or dates as may be prescribed.
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Next · Section 7Power to require information, etc. →All sections / सभी धाराएँThe Maharashtra (Requisitioning and Control) of Motor Vehicles Act, 1965. →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Requisitioning of motor vehicles.Section 4 · Release from requisitioning.Section 5 · Compensation for requisitioning.Section 7 · Power to require information, etc.Section 8 · Penalty for contravention of any order regarding requisitioning.Section 9 · Control of motor vehicles.India Code, Government of India. Text fetched 16 Oct 2026. Source metadata reports last modification: 2024-04-23. Check the linked official text and subsequent notifications when applying a provision.