State Act

22

Section 22. Effect of statement of rate of exchange or average price.

THE KARNATAKA STAMP ACT, 1957

Act no. 34 of 19571957In forceKarnataka (State Act)

22. Effect of statement of rate of exchange or average price.- Where an instrument contains a statement of current rate of exchange, or average price, as the case may require, and is stamped in accordance with such statement, it shall, so far as regards the subject matter of such statement, be presumed, until the contrary is proved, to be duly stamped.