6. Payment of amounts to concession holders.—Every concession holder specified in the second
column of the First and the Second Schedules shall be given by the Central Government, in cash, and in
the manner specified in Chapter IV, for the abolition of the mining concessions held by him, and
declaring it as a mining lease, under section 4, an amount equal to the amount specified against him in the
corresponding entry in the eighth column of the First Schedule and the ninth column of the Second
Schedule, as the case may be.
7. Payment of further amount.—(1) There shall also be given by the Central Government, in cash,
to every concession holder specified in the second column of the First and the Second Schedules, simple
interest at the rate of four per cent. per annum on the amount specified against such concession holder in
the corresponding entry in the eighth column of the First Schedule and the ninth column of the Second
Schedule, as the case may be, for the period commencing on the date of assent and ending on the date of
payment of such amount to the Commissioner.
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(2) The amount referred to in sub-section (1) shall be in addition to the amount specified in the First
Schedule or the Second Schedule, as the case may be.