Notification S.O. 384(E), dated 5th March, 2010 [N12-EV5]
As at 7 September 2026. In force from 5 March 2010.
S.O. 384(E).—In exercise of the powers conferred by section 10 of the Payment and Settlement Systems Act, 2007 (51 of 2007), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts tenants whose the holding of land does not exceed five hundred rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Collector in writing of the commencement of the holding of land within thirty days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Payment and Settlement Systems Act, 2007 (51 of 2007), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Payment and Settlement Systems Act, 2007 (51 of 2007) [S23-JEH]. Vires verified.
Acts on (1)
Exempts Section 4, Payment and Settlement Systems Act, 2007 [S23-J8X], 5 March 2010. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none