Amendment status not verified — confirm the current text below against the official source.
Settlement,- 1[A. Instrument of (including a deed of dower) (i) Where the disposition is not for the purpose of distributing the property of the settlor among his family The same duty as a conveyance (Article No. 20), for a market value equal to the market value of the property, which is the subject matter of settlement: Provided that, where an agreement to settle is stamped with the stamp duty required for an instrument of settlement and an instrument of settlement in pursuance of such agreement is subsequently executed, the duty on such instrument shall not exceed fifty rupees. 2[(ii) Where the disposition is for the purpose of distributing the property of the settler among the members of his family:- 6[(i)If the property is situated within the limits of Bangalore Metropolitan Regional Development Authority or Bruhat Bangalore Mahanagara Palike or City Corporation ……Rupees five thousand; (ii)If the property is situated within the limits of City or Town Municipal Council or Town Panchayat area …………. Rupees three thousand; (iii)If the property is situated within the limits other than the limits specified in items (i) and (ii) …………………. Rupees one thousand; Provided that, if the property is situated in any of the combinations of limits, mentioned in items (i), (ii) and (iii) above the duty payable shall be the maximum of the duties specified in items (i), (ii) and (iii) above.]6 Explanation.- For the purpose of this sub-clause family in relation to settler means 5[father, mother]5 husband, wife, son, daughter, 3[daughter -in- law, brothers, sisters]3 and grand children. ]2 Exemption.- Deed of dower executed on the occasion of a marriage between muhammadans.]1 4[B. Revocation of The same duty as a conveyance (No. 20) for a sum equal to the amount or value of the property concerned, in the 88 Instrument of revocation, but no exceeding two hundred rupees]4