Amendment of section 21, Rajasthan Act No. 14 of 1999

In section 21 of the principal Act,-

1. (i) for the existing expression in the heading "Instruments", the expression "instruments of immovable properties" shall be substituted;
2. (ii) for the existing sub-section (1), the following shall be substituted, namely:- "(1) Where any instrument relating to immovable property is registered in any part of India other than the State of Rajasthan and such instrument relates, wholly or partly to any immovable property situate in the State of Rajasthan, the copy of such instrument shall, when received in the State of Rajasthan under sections 64, 65 or 66 of the Registration Act, 1908 (Central Act No. 16 of 1908), be liable to be charged with the difference of duty as on the original instrument.";
3. (iii) in sub-section (4), for the existing expression "sections 35 and 51", the expression "sections 37, 51 and 53" shall be substituted;
4. (iv) in sub-section (5), for the existing punctuation mark ".", the punctuation mark ":" shall be substituted and after sub-section (5) so amended the following proviso shall be added, namely:- "Provided that nothing in this section shall apply to a Corporate Restructuring, and the chargeability and computation of duty in respect thereof shall be governed exclusively by section 3 and the Schedule.".