Section 53
SURRENDER OF LEASE-
53 SURRENDER OF LEASE-
)o
f(
'J;..
The same duty as a Bottomry Bond (No. 14) for a sum equal to the amount or value of the property concerned as set forth in the instrument of revocation, but not exceeding twentyfive rupees.
One and a half times the duty payable on a conveyance (No 21) for a consideration equal to the nominal amount of the shares sper.lfied in the warrant
Fifteen naye paise.
......
-
......
a; 0
------
d
)...
'1
o-
(a) when the duty with which the lease is chargeable does not exceed Twelve rupees fifty naye paise
(b) in any other case.
Exemption
Surrender of lease, when such lease ic; exempted from duty.