Section 27A. Fixation of market value guidelines.

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.]