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Section 3

Chapter Ii and Iii Not to Apply to Certain Premises and Tenancies.

NothingContained in Chapter II and III of this Act shall apply,- (i). (ii) and (iii) *****.4 (a) rupees seven thousand or more in the case of the premises situated in the municipal area of Jaipur city; (b) rupees four thousand or more, in the case of premises let out at places situated in the municipal areas comprising the Divisional Headquarters Jodhpur, Ajmer, Kota, Udaipur and Bikaner; (c) rupees two thousand or more, in case of premises let out at places situated in other municipal areas. to which this Act extends for the time being; (i) to any premises belonging to or let out by the Central Government or the State Government or a local authority; (ii) to any premises belonging to or let out by anybody corporate constituted by a Central Act or a Rajasthan Act; (iii) to any premises belonging to a Government company as defined under section 617 ofthe Companies Act, 1956 (Central Act No. 1 of 1956); (iv) to any premises belonging to the Devasthan Department of the State, which are managed and controlled by the state Government or to any property of a Wakf, registered under the Wakf Act,1995 (Central Act No. 43 of 1995); (v) to any premises belonging to such religious, charitable or educational trust or class of such trusts as may be specified by the State Government by notification in the Official Gazette; (vi) to any premises belonging to or vested in a University established by any law for the time being in force; (vii)to any premises let to banks, or any Public Sector Undertakings or any Corporation established by or under any Central or State Act, or multinational companies, and private limited companies or public limited companies having a paid up share captial of rupees one crore or more; Explanation.-For the purpose of this clause the expression bank means,- (i)the State Bank of India constituted under the State Bank of India Act, 1955 (Central Act No. 23 of 1955); (ii) a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (Central Act No. 38 of 1959); (iii) a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (Central Act No. 5 of 1970) or under section 3 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1980 (Central Act No. 40 of 1980); (iv) any other bank, being a scheduled bank as defined in clause (e) of section 2 of the Reserve Bank of India Act, 1934 (Central Act No. 2 of 1934); and (xi) to any premises let out to a citizen of a foreign country or to I an Embassy/ High commission, Legation or other Body of a foreign State, or such international organisation as may be specified by the State Government by noti- fication in the official Gazette.