Amendment of Central Act

The following amendments shall be made in the Indian Stamp Act, 1899 (II of 1899) in its application to the State of Madhya Pradesh in so far as it relates to matters with respect to which the State Legislature has power to make laws, namely :—

1. (a) in sub-section

1. (1) of section 4 and in the proviso to section 6 for the words "one rupee and eight annas," the words "one rupee and fifty naye paise, shall be substituted;
   • (b) in clause
   • (a) of section 11 and in clause
   • (c) of the proviso to sub-section
2. (3) of section 32, for the words "one anna or half an anna," the words "ten naye paise or five naye paise" shall be substituted;
   • (c) in sub-section
3. (1) of section 31 for the words "eight annas," the words "fifty naye paise" shall be substituted;
   • (d) in section 53 and 54 for the words "one anna," the words "six naye paise" shall be substituted;
   • (e) in clause
   • (b) of section 69 for the words and brackets "one anna (or half an anna)," the words and brackets "ten naye paise (or five naye paise)" shall be substituted;
   • (f) in section 78 for the words "four annas," the words "twenty five naye paise" shall be substituted;
   • (g) in Schedule I-A,—
     • (i) except in clauses
   • (a) and
   • (b) of article 5 and in articles 27 and 62, for the words mentioned in column
4. (1) of the table below wherever occurring, whether in conjunction with any other words or otherwise, the words mentioned in the corresponding entries in column
5. (2) thereof shall be substituted, namely :— TABLE (1) (2) One and a half annas Fifteen naye paise. one and a half annas fifteen naye paise. Two annas Fifteen naye paise. two annas fifteen naye paise. Three annas Twenty naye paise. three annas twenty naye paise Four annas Twenty-five naye paise four annas twenty-five naye paise. Five annas Thirty-five naye paise five annas thirty-five naye paise Six annas Forty naye paise six annas forty naye paise Eight annas Fifty naye paise eight annas fifty naye paise Ten annas Sixty-five naye paise ten annas sixty-five naye paise Twelve annas Seventy-five naye paise twelve annas seventy-five naye paise
   • (ii) in article 6 —
   • (a) for paragraphs (i),
     • (ii) and
     • (iii) of sub-clause
   • (a) and for sub-clause
   • (b) of clause 2, the following paragraphs and sub-clause shall be substituted, namely .— "If drawn singly If drawn in set of two for each part of the set If drawn in set of three for each part of the set Rs. np. Rs. np. Rs. np.
     • (i) when the amount of the loan or debt does not exceed Rs. 100 0 25 0 15 0 10
     • (ii) when the amount of the loan or debt exceeds Rs. 100 but does not exceed Rs. 200. 0 40 0 25 0 10
     • (iii) when it exceeds— Rs. Rs. 200 but does not exceed 400 0 75 0 35 0 25 400 -Do- 600 1 10 0 60 0 35 600 -Do- 800 1 50 0 75 0 50 800 -Do- 1,000 1 85 1 00 0 60 1,000 -Do- 1,200 2 25 1 10 0 75 1,200 -Do- 1,600 3 00 1 50 1 00 1,600 -Do- 2,500 4 50 2 25 1 50 2,500 -Do- 5,000 9 00 4 50 3 00 5,000 -Do- 7,500 13 35 6 75 4 50 7,500 -Do- 10,000 18 00 9 00 6 00 If drawn singly If drawn in set of two for each part of the set If drawn in set of three for each part of the set Rs. Rs. Rs. np. Rs. np. Rs. np. 10,000 but does not exceed 15,000 27 00 13 50 9 00 15,000 -Do- 20,000 36 00 18 00 12 00 20,000 -Do- 25,000 45 00 22 50 15 00 25,000 -Do- 30,000 54 00 27 00 18 00 and for every additional Rs. 10,000 or part thereof in excess of Rs. 30,000 18 00 9 00 6 00
   • (b) if such loan or debt is repayable not more than three months from the date of such instrument— Rs. np. Rs. np. Rs. np.
     • (i) when the amount of the loan or debt does not exceed Rs. 100. 0 15 0 10 0 5
     • (ii) when the amount of the loan or debt exceeds Rs. 100 but does not exceed Rs. 200. 0 20 0 15 0 5
     • (iii) when it exceeds— Rs. Rs. 200 but does not exceed 400 0 40 0 20 0 15 400 -Do- 600 0 55 0 30 0 20 600 -Do- 800 0 75 0 40 0 25 800 -Do- 1,000 0 95 0 50 0 30 1,000 -Do- 1,200 1 15 0 55 0 40 1,200 -Do- 1,600 1 50 0 75 0 50 1,600 -Do- 2,500 2 25 1 15 0 75 2,500 -Do- 5,000 4 50 2 25 1 50 5,000 -Do- 7,500 6 70 3 40 2 25 7,500 -Do- 10,000 9 00 4 50 3 00 10,000 -Do- 15,000 13 50 6 75 4 50 15,000 -Do- 20,000 18 00 9 00 6 00 20,000 -Do- 25,000 22 50 11 25 7 50 25,000 -Do- 30,000 27 00 13 50 9 00 and for every additional Rs. 10,000 or part thereof in excess of Rs. 30,000 9 00 4 50 3 00;" and
     • (iii) in paragraph
     • (ii) of article 33, in column
6. (2) for the letters and figures "Rs. 13-5-0" the letters and figures "Rs. 13.35 np." shall be substituted.