Amendment status not verified — confirm the current text below against the official source.
rity specified in the certificate under section 374 of the Act ex ceeds one thousand rupees, and Two per centum on the first ten thousand rupees, three per centum on the next forty thousand rupees, four per centum on the next fifty thousand rupees, five per centum on the next one lakh and fifty thousand rupees, five and a half per centum on the next fiftyt housand rupees, six per centum on the next one lakh of rupees, six and a half per centum on the next one lakh of rupees, and seven per centum on the remainder such amount or value. when the aggregate amount or value of any debts or securities specified in the certificate and of any debts or securities to which the certificate has been extended under section 376 of the Act exceeds one thousand rupees. In respect of such portion of the aggre gate amount or value as consists of the amount or value of debts or securities so specified, the fee hereinbefore pro vided in that behalf in this article, and three per centum on such portion of the first ten thousand rupees, four and a half per centum on such portion of the next forty thousand rupees, six per cen tum on such portion of the next fifty thousand rupees, seven and a half per centum on such portion of the next one lakh and fifty thousand rupees, eight and a quarter per centum on such portion of the next fifty thousand rupees, nine per centum on such portion of the next one lakh of rupees, nine and three- quarters per centum on such portion of the next one lakh of rupees, and ten and a half per centum on such portion of the remainder of such aggre gate amount or value as consists of the amount or value of debts or securities to which the certificate has been extended. Note.— (1) The amount of a debt is its amount, including interest on the day on which the inclusion of the debt in the certificate is applied for so far as such amount, can be ascertained. (2) Whether or not any power with respect to a security specified in a certificate has been conferred under the Act and where such a power has been so conferred, whether the power is for the receiving of interest or dividends on, or for the negotiation or transfer of the security, or for both purposes, the value of the security is its market value on the day on which the inclusion of the security in the certifi cate is applied for, so far as such value can be ascertained.” 330