Bare ActsThe Indian Stamp (Delhi Amendment) Act, 2010

Section 2

In the Indian Stamp Act, 1899 (2 of IS99) (hereinafter referred to ae "the principal Acf)

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

In the Indian Stamp Act, 1899 (2 of IS99) (hereinafter referred to ae "the principal Acf). M section 2- (I) clauae (1) shall be re-numberari ea oltuea (1A) end before the dense (1 A) ae no re-numbered, the following dauee ahaR be Inserted, namely:- '(1) "aaaoclatlon' means any BeaodeUon of pereone, exchange brohers, or any othar orgenlzetlon or body of persons, whether incorporated or not, and regulating or controlling or oonductmg business of the Amendment of aection :. Short OtSa, extant and comtrtancamenL No.?.I4('.!>LA-2001-^<i-/j I, If . The following Acl otlbe Legislative Assembly of the Nelionel Capita) Territory of Delhi received (he tuien! of the President of India on U* Mty. 2010 and li hereby published fbr general inhumation:- "THE INDIAN STAMP (DELHI AMENDMENT) ACT, 1010 (DELHI ACT 09 OP 2010) (A- (tailed by the Leguleilve Assembly of the National Capital Territory of Delhi on the I'April, 2010) [13* May. 2010] Alt Act to further amend .(he Indian Stamp Act, 1199 (2 of 1199) ai in force in the National Capital Territory of Delhi '•• '• BE it enacted by the l^gislative Assembly of the National Capital Territory of Delhi In Use Sixty-ftrst Year of the Rcpubticof India as follows:- NOTIFICATION Doled 8 V June. 2010 Nc.FI4(lyLA-2008/ ^to--/ (TO BE PUBLISHED m PART-IV OP THE DELHI C'AEETTE-EXTRAORDINARY) GOVERNMENT OK NATIONAL CAPITAL TERRITORY OF DELHI (DEPARTMENT OP LAW, JLSTICIC A LEGISLATIVE APPAIRS) '" LEVEL, C-WINC, DELHI SECRETARIAT, NEW DELHI .i S g;I* eemmbdltlaapart thereof." traded through an association or otherwise. Explanation L - Any duty paid undar thisj Article shall be ad|utted towards the duty.It 1 chargeable. If any, under Article 6,19,38,43 or 59, at the case may be. Explanation II. - For the purpose of clause (b), securities shall have the same meaning at ^sfiheSty the Securities Contracts (Regulation) Act, 1958 (42 of 1956). Explanation III-Notwithstanding anything contained In this Act or any other lawji j for the lima being in force, securities dealt In depository shall not be liable toj| i stamp duty as exempted vide clause (c) of section 8 A of the Indian Stamp Act, 1899."...v-; ' • i . .'..(SavilaRao) Joint Secretary (Law, Justice and L.A.)>'• j li oalo or purchase or, or other nnooooon rotating to, tny goods or mtrkotaUo (II) In otauoo (12), too (Mowing Exptanotlon shall bo addad at mo and, namely.- "Explanation. • Tho tam "algnod" and "signature" alto Indudad attribution of electronic rtoord at par section 11 or tho Information Toohnokjgy Act, 2000 (21 of , MO));"; •• (III) In ctauta (14), mo following . ' * Explanation ahad bo addad at tho and, namoly:- "Expltnatlon.- Tho torma "document" am Includes tny otaotronlc tacofd at daflnad In douse (t) of aubtaactlon (1) of aacllon 2 of • tho Information Technology Act, 2000 (21 of 2000);-; and (Iv) aftor elauto (28). tho ftxiowing tjlauao ahall bo Inaarttd, namely.- "(27) -atook axohtngs- moans any body of IndlvMutlt, whsthar moorporatad or not, oontOtutad for tho purpota of aaatatlng, ragulatlng or controlling tho business of buying, tailing or dealing In ascurlllot.'. In tho principal Act, In section 73 after tho expression 'publo offloar* and bolora the axpraaalon 'any rogtatora, books,', Ota axpiasslon 'or association or stook oxchanga referred to In dauts (1) and clause (27) Amendment of section 73. 3. •M j a I rupees 1,00,000 or One rupee for every or port thereof. every rupeee 10,000 Twenty pafsa for or part thereof. every rupees 10,000 Twenty palse for thereof, rupees 10,000 or pert One rupee for every value of security, pert thereof of the rupees one crcre or Fbly rupeee for evary forward oontracts (0) If relating to trading, futures and options (o) relating to delivery, (I) In case of non delivery, (0 h oaee of under bam (a) •bow- than those falling socumlas, other purchase or sals of (b) If relating to aecurttfee, of Government sale and purchase (a) If relating to et eecdon 2 neying custody of shall be hearted. . In die primdpel Art. m Schedule 1A. after Article 64, end before Article 66 the following Article thai be edded, nemely:- -S4A. Record of Traneectfon (Eleclmnloe or Otherwise), affected by e trading member through the ecaocletlcn or slock exchange referred to In clause (1) end clause (27) respectively of section 2- .Amendment of Schedule 1A. /

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