8. Payment of amounts.—(1)For the transfer to, and vesting in, the Central Government, of the
shares of the Sikkim Bank under section 3, there shall be given by the Central Government to the holders
of such shares in cash and in the manner specified in the Schedule, an amount of rupees eight lakhs
twelve thousand two hundred and ninety-five.
(2)The amount specified in sub-section (1) shall carry simple interest at the rate of five and a half per
cent. per annum for the period commencing on the appointed day and ending on the date on which
payment of such amount is made to the shareholders.
