Amendment of section 2, Rajasthan Act No. 14 of 1999

In section 2 of the Rajasthan Stamp Act, 1998 (Act No. 14 of 1999), hereinafter in this Chapter referred to as the principal Act,-

1. (i) for the existing clause (xix), the following shall be substituted, namely:- "(xix) "instrument" includes-

1. (a) every document by which any right or liability is, or purports to be, created, transferred, limited, extended, extinguished, or recorded; and
2. (b) any other document mentioned in the Schedule; Explanation.- The term "document" also includes any electronic record as defined in clause (t) of sub-section (1) of section 2 of the Information Technology Act, 2000 (Central Act No. 21 of 2000).";
   • (ii) for the existing clause (xxxiii-a), the following shall be substituted, namely:- "(xxxiii-a) "securities" includes-
3. (a) securities as defined in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (Central Act No. 42 of 1956);
4. (b) a "derivative" as defined in clause (a) of section 45U of the Reserve Bank of India Act, 1934 (Central Act No. 2 of 1934);
5. (c) a certificate of deposit, commercial usance bill, commercial paper, repo on corporate bonds and such other debt instrument of original or initial maturity upto one year as the Reserve Bank of India may specify from time to time; and
6. (d) any other instrument declared by the Central Government, by notification in the Official Gazette, to be securities for the purposes of the Indian Stamp Act, 1899 (Central Act No. 2 of 1899);"; and
   • (iii) for the existing clause (xxxvii), the following shall be substituted, namely:- "(xxxvii) "stock exchange" includes-
7. (a) a recognised stock exchange as defined in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (Central Act No. 42 of 1956); and
8. (b) such other platform for trading or reporting a deal in securities, as may be specified by the Central Government, by notification in the Official Gazette, for the purposes of the Indian Stamp Act, 1899 (Central Act No. 2 of 1899).".