Amendment status not verified — confirm the current text below against the official source.
SECURITY BOND OR MORTGAGE DEEP, 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 secure does not exceed The same duty as a Bod (No. Rs. 1,000; 15) for the amount secured. (b) in any other case. Twenty-four rupees and seventy-five paise. Exemptions Bond or other instrument, when executed- (a) by headman nominated under rules framed in accordance with the Bengal Irrigation Act. 1876, Section 99, for the due performance of their duties under that Act; (b) by any person for the purpose 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 Government of Bombay in Council, under Section 70 of the Bombay Irrigation Act, 1872; (d) executed by persons taking advances under the Land Improvement Loans Act, 1883, or the Agriculturists Loans Act, 1884 or by their sureties, as security for the repayment of such advances; (e) executed by officers of Government or their sureties to secure the due executions of an office, or the due accounting for money or other property received by virtue thereof.