Extension of registration period to nine months and exclusion for low-value immovable property transfers from document-reporting. The amendment substitutes a nine-month time limit for the prior six-month period in the specified proviso and sub-clause, and inserts a proviso excluding document-reporting for purported transfers of immovable property where the apparent consideration does not exceed a low-value threshold; the exclusion relies on the apparent consideration definition from the related provision with substitution of phrases to refer to 'immovable property purported to be transferred' and 'document purporting to transfer such immovable property.'
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Extension of registration period to nine months and exclusion for low-value immovable property transfers from document-reporting.
The amendment substitutes a nine-month time limit for the prior six-month period in the specified proviso and sub-clause, and inserts a proviso excluding document-reporting for purported transfers of immovable property where the apparent consideration does not exceed a low-value threshold; the exclusion relies on the apparent consideration definition from the related provision with substitution of phrases to refer to "immovable property purported to be transferred" and "document purporting to transfer such immovable property."
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