Amendment status not verified — confirm the current text below against the official source.
\I) Thcre shall be charged, levied and paid a cess oft nansfer of I Levy of cess on 'vacant land and land used for the purpose of aoricullure at a rate of five per transfer i centurn of the value of consideraiion for such transfer. vacant land. (2) The cess charged and levied under sub-section (1) shall be paid and recovered along 16th the registration of instrument of transfer of the vacant I land and land used for the purpose of agriculture. (3) W e cess shall be payable by the persbn by whom the stamp duty is payable under the Indian Stamp Act, 1899 (I1 of 1899). (4) Notwithstnnding enything contained in the Registration Act, 1908 (XVI of 1908), no officer thereunder shall admit to registration document uniess the cess charged and levied under sub-section (1) is paid in full. (5) The proceeds of the cess sllall be applied to rural devebpment specially for providing employment in rural areas. PART IV-CESS ON STORAGE OF COAL