Amendment of Article 48 of Schedule 1- B of Act no. 2 of 1899

In Article 48 of Schedule 1-B of the Indian Stamp Act, 1899 as amended in its application to Uttar Pradesh, for clauses (e) and (ee), the following clauses shall be substituted, namely:-

"(e) (i) When irrevocable authority is given to the attorney to sell the immovable property.

The same duty as a Conveyance [No. 23 clause (a)] on the market value of the immovable property which is the subject matter of the power of attorney.

(ii) When authority to sell the immovable property is given to the attorney for consideration.

The same duty as a Conveyance [No. 23 clause (a)] on the market value of the immovable property which is the subject matter of the power of attorney. .

(ee) (i) When the members of the family [father, mother, husband, wife, son, daughter-in-law, daughter, son-in-law, brother, sister, grand son/grand daughter (son's son/daughter), grand son/ grand daughter (daughter's son/ daughter)] to be authorized with proof of relationship.

Rs. 5000/-

(ii) When any person other than the members of the family mentioned in sub-clause (i) is authorized to sell the immovable property by means of Power of Attorney.

The same duty as a Conveyance [No. 23 clause (a)] on the market value of the immovable property which is the subject matter of the power of attorney."