Amendment status not verified — confirm the current text below against the official source.
All instruments executed by or on behalf of the Corporation in relation to its business shall be exempt from payment of stamp duty and registration fee: Protection of action taken in good faith. Indemnity of Directors. Exemption from registration fee and stamp duty. Provided that exemption from payment of stamp duty shall apply in the case of such instruments only as are specified in Schedule 1-A to the Indian Stamp Act, 1899. 1[33-A. The Corporation shall carry out such directions as may, from time to time, be issued to it by the State Government for the efficient administration of this Act.]