Section 8F:
Agreement or document for transfer or assignment of rights or interest in financial assets not liable to stamp duty.
1[8F. Agreement or document for transfer or assignment of rights or interest in financial assets
not liable to stamp-duty.---Notwithstanding anything contained in this Act or any other law for the time
being in force, any agreement or other document for transfer or assignment of rights or interest in
financial assets of banks or financial institutions under section 5 of the Securitisation and Reconstruction
of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), in favour of any asset reconstruction
company, as defined in clause (ba) of sub-section (1) of section 2 of that Act, shall not be liable to duty
under this Act.]
Notes:
1. Ins. by Act 44 of 2016, s. 43 and the First Schedule (w.e.f. 1-9-2016).