Section 353: Rate of interest
The Succession Act · Federal Acts · Part IX · in_force
Discuss this provision with AI
The rate of interest shall be four per cent. per annum in all cases except when the testator was a Hindu, [Muslim], Buddhist, Sikh or Jaina or an exempted person, in which case it shall be six per cent per annum.
Related sections
Section 352: Interest when time fixed 353 Rate of interestSection 354: No interest on arrears of annuity within first year after testator's deathSection 351: Interest when no time fixed for payment of general legacySection 355: Interest on sum to be invested to produce annuity CHAPT ER XII Refunding of legaciesSection 350: Residuary legatee's title to produce of residuary fundSection 356: Refund of legacy paid under court's orders
Version 1 · Source-traceable official reference. LawHub does not modify the official record.