1[27-A. Fixation of market value guidelines.–– Subject to rules made, in
this behalf, the 2[Government of the Union territory of Jammu and Kashmir]
may fix and revise periodically the market value guidelines of lands, buildings
and various kinds of interests in immovable property situated in the 3[Union
territory of Jammu and Kashmir for the purpose of determining the duty
chargeable at the time of registration and for making reference to the Collector
under section 47-A, of instruments involving immovable properties.]
1. Section 27-A inserted by Act XII of 2011, s. 18. 2. Substituted for “Government” by S.O. 1229(E) dated 31.03.2020. 3. Substituted for “State” ibid