REGISTRATION (AMENDMENT) ACT, 2018
An Act further to amend the Registration Act, 1908.
[Gazette of Punjab, Extraordinary, 24th May, 2018]
ACT XXVI OF 2018
No. PAP/Legis-2(188)/2018/1772.–The Registration (Amendment) Bill, 2018, having been passed by the Provincial Assembly of the Punjab on May 16, 2018, and assented to by the Governor of the Punjab on May 21, 2018, is hereby published as an Act of the Provincial Assembly of the Punjab.
It is necessary further to amend the Registration Act, 1908 (XVI of 1908) for purposes hereinafter appearing.
Be it enacted by Provincial Assembly of the Punjab as follows:
1. Short title, extent and commencement.–(1) This Act may be cited as the Registration (Amendment) Act, 2018.
(2) It shall extend to whole of the Punjab.
(3) It shall come into force at once.
2. Amendment in Section 17 of Act XVI of 1908.–In the Registration Act, 1908 (XVI of 1908), in Section 17:
(a) in sub-section (1), after clause (b), the following clause (bb) shall be inserted:
“(bb) an instrument which grants power to an attorney or which constitutes an agreement to create, declare, assign, limit or extinguish, by way of sale, any right, title or interest of the value of one hundred rupees and upwards, to or in immovable property;”; and
(b) in sub-section (2), in clause (v), before the semicolon at the end, the following shall be inserted:
“except a document which grants power to an attorney or is an agreement to sell any right, title or interest of the said value in immovable property”