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Section 62: Fees, dues and charges

Transcription And Mortgage Act

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

62. Fees, dues and charges (1) Subject to subsection (2) and section 63 (2), the Conservator shall levy— (a) the fees, dues and other charges specified in the Fourth Schedule; and (b) where he delivers any document specified in the Fourth Schedule, the fee specified in the Fifth Schedule. (2) The Government shall be exempt from payment of the fee referred to in subsection (1) (b). (3) — (4) Notwithstanding subsections (1) and (3), where, in the case of transfer of a property under the Real Estate Development Scheme prescribed under the Economic Development Board Act, duty under the Registration Duty Act is paid in any hard convertible foreign currency, the fees, dues and other charges leviable under this Act shall be an amount in that foreign currency equivalent to the appropriate rupee amount specified in the Third and Fourth Schedules. [S. 62 amended by s. 3 of Act 28 of 1982 w.e.f. 27 November 1982; s. 30 (d) of Act 20 of 2011 w.e.f. 16 July 2011; s. 52 (g) of Act 9 of 2015 w.e.f. 2 July 2015; s. 42 (22) of Act 11 of 2017 w.e.f. 15 January 2018.] T18 – 13 [Issue 10] Transcription and Mortgage Act

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