Report No. 62
3A.14. Section 7-Commutation of half-monthly payments.-
Section 7 reads as follows:-
"7. Any right to receive half-monthly payments may, by agreement between the parties or, if the parties cannot agree and the payments have been continued for not less than six months, on the application of either party to the Commissioner, be redeemed by the payment of a lump sum of such amount as may be agreed to by the parties or determined by the Commissioner, as the case may be."