Amendment of Schedule, Rajasthan Act No. 14 of 1999

In the Schedule of the principal Act,-

1. (i) in Article 21,-

1. (a) after the existing clause (ii) and before the existing clause (iii), the following new clauses shall be inserted, namely:-

1. (b) the existing clause (iii) appearing under Column No 1, shall be substituted by the following, namely:- “(iii) if relating to the instrument of Corporate Restructuring”;
   • (ii) after the existing Article 54 and before the existing Article 55, the following new Article shall be inserted, namely:- "54-A. Transfer of assets and liabilities, division and amalgamation of cooperative societies as provided under section 12 of the Rajasthan Co-operative Societies Act, 2001 (Act No. 16 of 2002),-

1. (1) Where immovable property vests in the resultant society on such transfer, division or amalgamation; 0.5 percent on the market value of the immovable property.
2. (2) In any other case, not included in clause (1). Five hundred rupees."