Section 7
Payment Period And Rate Of Interest
7. Payment period and rate of interest :
(1) The Government of Nepal may, by publishing a notice in the Nepal Gazette, specify the period of payment of stock and the rate of interest in such a manner not to exceed the upper limit specified as follows:
(a) Payment period: Twenty years,
(b) The rate of interest: Five percent.
(2) Notwithstanding anything contained in Sub-section (1), the Government of Nepal may, if it so wishes, provide the amount of interest with effect from the date of abolition or acquisition of any property
(1) The Government of Nepal may, by publishing a notice in the Nepal Gazette, specify the period of payment of stock and the rate of interest in such a manner not to exceed the upper limit specified as follows:
(a) Payment period: Twenty years,
(b) The rate of interest: Five percent.
(2) Notwithstanding anything contained in Sub-section (1), the Government of Nepal may, if it so wishes, provide the amount of interest with effect from the date of abolition or acquisition of any property