Industrial Alcohol (Amendment) Act, 1947

Amendment of section 23 of the Principal Act.

10.—Where, on or after the passing of this Act, the Company under section 23 of the Principal Act enters on and takes possession of any land or exercises any right before payment of compensation, the interest referred to in subsection (7) of the said section 23 shall be at the rate of three pounds per cent. per annum in lieu of the rate specified in the said subsection (7).