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Amendment in Section 25 of Punjab Infrastructure Act 2002

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GOVERNMENT OF PUNJAB

DEPARTMENT OF FINANCE

Date: 24th June, 2015

NOTIFICATION

No.S.O.25/P.A.8/2002/S.25/2015.-In exercise of powers conferred by sub-section (1) of section 25 of the Punjab Infrastructure (Development and Regulation) Act, 2002 (Punjab Act No. 8 of 2002), and all other powers enabling him in this behalf, the Governor of Punjab is pleased to direct that a fee shall be levied,-

(i) at the rate of rupees five, for every hundred rupees on the value of electricity consumed excluding any other levies or duties, as the case may be:

Provided that the aforesaid fee, shall not be levied in those cases, which are exempted from the payment of electricity duty; and

(ii) at the rate of rupee one, for every hundred rupees on the value of purchase of any immovable property:

Provided that the said fee shall not be levied if such immovable property is transferred by way of a sale deed in favour of any blood relation or spouse, as the case may be.

D.P. REDDY,

Principal Secretary to Government of Punjab,

Department of Finance 

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