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The Finance Order, 1972 (President's Order)

First ScheduleFirst Schedule

In force

First Schedule

First Schedule 20. In the East Pakistan Urban Immovable Property Tax Amendment of the East Act, 1957 (XI of 1957)- Pakistan Urban Immovable (1) Sub-section (2) of section 3 of the East Pakistan Urban Property Tax Immovable Property Tax Act, 1957 (XI of 1957), shall Act, 1957 (XI be deleted and sub-section (1) of that section shall be or 1957) renumbered as section 3. (2) in section 6, after clause (e), the following shall be inserted as clause (f), namely:- “(f) Power houses and lands on which they are situate vesting in or belonging to the Bangladesh Water and Power Development Authority;” (3) the existing clauses “(f)” and “(g)” shall be renumbered as clauses “(g)” and “(h)” respectively; (4) in section 6, in clause (h) as so renumbered for the word and figures “Rs. 1,000” the word and figures “Taka 1,500” shall be substituted; (5) After section 6, the following new section 6A shall be inserted, namely:- “6A. General Power of Exemption-The Government may, by notification in the official Gazette, exempt, either wholly or in part, from the payment of any tax imposed under the Act, any person or class of persons or any property or class of property”; and (6) For the Schedule to the Act, the following shall be substituted, namely:-

End of First Schedule. Not in the index for this Act: Schedule (be).

Read the contents: The Finance Order, 1972 (President's Order)