Indian Stamp (Haryana Second Amendment) Act, 2017
[Haryana Act 29 of 2017][8th November, 2017]
CONTENTS
2. Amendment of Schedule 1-A to Central Act 2 of 1899
Indian Stamp (Haryana Second Amendment) Act, 2017 | |
[Haryana Act 29 of 2017] | [8th November, 1994] |
An Act further to amend the Indian Stamp Act, 1899, in its application to the State of Haryana.
Be it enacted by the Legislature of the State of Haryana in the Sixty-eighth Year of the Republic of India as follows:—
## Section 1. Short title.—This Act may be called the Indian Stamp (Haryana Second Amendment) Act, 2017.
## Section 2. Amendment of Schedule 1-A to Central Act 2 of 1899.—In Schedule 1-A to the Indian Stamp Act, 1899,—
(i) In Article 5, against clasue (d), under column 2, for the existing entry, the following entry shall be substituted, namely:—
“Two per cent of the market value of the property or the amount of such consideration as set forth in the collaboration Agreement, whichever is higher.”;
(ii) after Article 23 and entries thereagainst, the following article and entries thereagainst shall be added, namely:—
“23-A. Conveyance, so far as it relates to reconstruction or amalgamation or merger/de-merger of companies by an order of the High Court under Section 394 of the Companies Act, 1956 (Central Act 1 of 1956) or reconstruction or amalgamation or merger/de-merger of companies under Sections 232 and 233 of the Companies Act, 2013 (Central Act 18 of 2013) by the Tribunal. | 1.5 per cent subject to a Nil maximum of Rs. 7.5 crore on an amount of the market value of the property or the amount of such consideration as set forth in the instrument or order, whichever is higher.”; |
(iii) against Article 43, after clause (b) and entries there against, the following clauses and entries thereagainst shall be added, namely:—
“(c) in case of delivery | One rupee for every ten thousand rupees or a part thereof, subject to a maximum of five hundred rupees. |
(d) in case of non delivery and relating to futures and options trading | Twenty paise for every ten thousand rupees or a part thereof, subject to a maximum of two hundred rupees. |
(e) if relating to forward contracts of commodities traded through an association or otherwise | One rupee for every one lakh rupees or a part thereof, subject to a maximum of five hundred rupees.”. |