Registration (Rajasthan Amendment) Act, 2021
No: 7 Dated: Feb, 25 2021
THE REGISTRATION (RAJASTHAN AMENDMENT) BILL, 2021
A Bill further to amend the Registration Act, 1908 in its application to the State of Rajasthan. Be it enacted by the Rajasthan State Legislature in the Seventy-second Year of the Republic of India, as follows:-
1. Short title, extent and commencement.- (1) This Act may be called the Registration (Rajasthan Amendment) Act, 2021.
(2) It shall extend to the whole of the State of Rajasthan.
(3) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint.
2. Amendment of section 12, Central Act No. 16 of 1908.- In section 12 of the Registration Act, 1908 (Central Act No. 16 of 1908) hereinafter referred to as the principal Act, for the existing expression "Registrar of the district", the expression "Inspector General of Registration" shall be substituted.
3. Amendment of section 17, Central Act No. 16 of 1908.- In section 17 of the principal Act,-
(i) in sub-section (1),- (a) for the existing clause (d), the following shall be substituted, namely:-
"(d) leases of immovable property for any term;";
(b) for the existing clause (f), the following shall be substituted, namely:-
"(f) agreement to sell immovable property whether possession whereof has been or is handed over or not to the purported purchaser;";
(c) after the existing clause (g), the following clauses shall be added, namely:
"(h) agreement or any other document relating to the deposit of title deeds or instruments constituting or being evidence of the title to any immovable property, where such deposit has been made by way of security for the repayment of money advanced or to be advanced by way of loan or an existing or future debt;
(i) sale certificate issued by any competent officer or authority under the Central Act or the State Act for the time being in force;
(j) agreement relating to giving authority or power to a promoter or a developer, by whatever name called, for construction on, or development of, or sale or transfer (in any manner whatsoever) of, any immovable property;