Insertion of new section 10A in Bom. LX of 1958

In the principal Act, after section 10, the following section shall be inserted, namely;- “10A.

1. (1) Notwithstanding anything contained in this Act, the State Government may, by notification in the Official Gazette, direct that any Statutory bodies, institution or local self-Government, semi Government organization, banking or non-banking financial institution or the body owned, controlled or substantially financed by the State Government or any class of them, shall ensure that the proper duty is paid to the State

Government through system of payment as may be notified by

the State Government in this behalf, in respect of such instruments, as may be specified in the notification in which such institution or body, etc., is a party or which create a right in favour of such institution or body, etc., and of which registration is compulsory or not compulsory.

1. (2) Such authority or institution or body, etc. shall authorize a person nominated by such institution or body, etc. as mentioned in sub-section
2. (1) as a proper officer for defacing the challan by any system of payment as may be notified by the State Government in this behalf and making the endorsement on such instruments.
3. (3) It shall be the duty of the proper officer so authorized under sub- section
4. (2) to make an endorsement on the instruments in the manner as specified in the notification by the State Government.”.