1. G.O.(3D)No.40, Commercial Taxes and Religious Endowments Department Dated

ABSTRACT

Stamp duty - Agricultural Loans granted by Commercial Bank - Execution of Hypothecation Agreements/Guarantee Deeds - Exemption from payment of Stamp duty and Registration Fee - Granted - Orders - Issued

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COMMERCIAL TAXES (J1) DEPARTMENT

G.O.(3D) No. 30 Dated the 17th December 2002

Read :

1. G.O.(3D)No.40, Commercial Taxes and Religious Endowments Department dated

7.6.1993

2. G.O.(3D)No.49, Commercial Taxes and Religious Endowments Department dated

10.9.1996

3. G.O.(3D)No.40, Commercial Taxes Department dated 2.9.1998

4. From the State Level Bankers Committee letter No. TNSLBC/117/SDR/841, dated

10.3.2001

5. From the Inspector General of Registration letter No. 20613/C5/2001 dated 27.5.2002

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ORDER :

The notification appended to this order will be published in the Tamil Nadu Government Gazette.

The Works Manager, Government Central Press, Chennai is requested to send to Government ten copies of the Tamil Nadu Government Gazette in which the notification are published.

(BY ORDER OF THE GOVERNOR0

SHAKTIKANTA DAS,

SECRETARY TO GOVERNMENT

To

The Inspector General of Registration

Chennai - 28

The Works Manager, Government Central Press, Chennai - 79 (for publication of the notification in the Tamil Nadu Government Gazette)

NOTIFICATION

In exercise of powers conferred by clause (a) of sub-section (i) of section 9 of the Indian Stamp Act, 1899 (Central Act II of 1899), the Governor of Tamil Nadu hereby makes the following amendment to the Commercial Taxes and Religious Endowments Department notification No. 11(2)/CTRE/1990/96, published at page 630 of Part II Section 2 of the Tamil Nadu Government Gazette, dated the 25th September 1996 as subsequently amended:-

AMENDMENT

In the said notification, in the second paragraph for the expression "31st March 2001" the expression "31st March 2006" shall be substituted.

NOTIFICATION - II

In the exercise of powers conferred by Section 78 A of the Registration Act, 1908,. (Central Act XVI of 1908), the Governor of Tamil Nadu, is of the opinion that it is necessary so to do in the public interest, hereby remits the registration fees or search fee or fee for obtaining encumbrance certificates payable under the said Act in respect of the hypothecation agreements/guarantee deeds for any amount of loan, executed by the members of the Scheduled Castes/Scheduled Tribes and for loans upto Rs. 10,000/- (Rupees ten thousand only) executed by others in favour of any Commercial Bank for any purpose connected with agriculture and other allied activities such as dairying, poultry, sheep rearing, fisheries and been keeping.

(2) The notification shall be deemed to have come into force on the 1st April 2001 and shall remain in force upto and inclusive of the 31st March 2006.

SHAKTIKANTA DAS

SECRETARY TO GOVERNMENT

/True copy/

Sd/* Section Officer/17.12.02

Office of the Inspector General of Registration

Chennai - 600 028.

Endt No : 61816/C2/2002 Dated : 6.1.2003

Copy of G.O. Communicated.

for Inspector General of Registration

To

All Deputy Inspector General of Registration

Copy to : All Officers, Office of the Inspector General of Registration