Bare ActsThe ASSAM STAMP (AMENDMENT) ACT, 1950

Section 57

Amendment status not verified — confirm the current text below against the official source.

SEcURrrv BoND OR MORTG,\OE- OEED, executed by way of security for the due execution of an office, or to account for money or other property received by virtue thereof, or executed by a surety to secure the due performance of a contract- (a) when the amount secured does not exceed Rs.l ,000 (b) in any other case Exemptions Bond or other instrument, executed- when (a) by head men nominated under rules framed in accord- ance with the Bengal Irriga- tion Act, 1876 (Beng. Act III of 1876), section 99, for the due performance of their duties under that Act ; (b) by any person for the pur- p0se of guaranteeing that the local income derived from private subscriptions to a charitable dispensary or hospital, or any other object of public utility, shall not be less than a specified sum per mensem ; (c) under No.3-A of the rules made by the Governor of Bom- bay in Council, under section 70 of the Bombay Irrigation Act, 1879 (Bam. Act VII of 1879). Proper stamp-duty (2) The same duty as a Bond (No.l5) for the amount secured. Ten rupees. ... 323 (Schedule I) Description of instrument (1) (d) executed by person taking ad- vances under the Land Im- provement Loans Act, 1883 (Act XIX of 1883) or the Agriculturists Loans Act, 1884 (Act XII of 1884}, or by their sureties, as security for the repayment of such ad- vances. (e) executed by officers of Govern- ment or their sureties to secure the due execution of an office, or the due accounting for money or other property received by virtue thereof.

Section 57 – The ASSAM STAMP (AMENDMENT) ACT, 1950 | DailyLaw.ai