paise.
See also Protest by the Master of a Ship (No. 51) ORDER FOR THE PAYMENT OF MONEY See Bill of exchange (No. 13).
45. PARTITION—Instrument of (as The same duty as a Bond defined by section 2 (15). (No. 15) for the amount of the value of the separated share or shares of the property.
N.B. —. The largest share remaining after the property is partitioned (or if there are two or more shares of equal value and not smaller than any of the other share, then one of such equal shares) shall be deemed to he that from which the other shares are separated;
Provided always that —
(a) when an instrument of partition containing an agreement to divide property in severalty is executed and a partition is effected in pursuance of such agreement, the duty chargeable upon the instrument effecting such partition shall be reduced by the amount of duty paid in respect of the first instrument, hut shall not he less than. Two rupees and twenty paise.
(b) where land is held on settlement for a period not exceeding thirty years and paying the full assessment the value for the purpose of duty shall be calculated at not more than five times the annual revenue;
(c) where a final order for effecting a partition passed by any Revenue authority or any Civil Court, or an award by an arbitrator directing a partition, is stamped with the stamp required for an instrument of partition and an instrument of partition in pursuance of such order or award is subsequently executed the duty on such instrument shall not exceed three rupees and thirty paise.