nm no 56011984 ' , 'f, the estate duty (amendment) bill, 1984  a billfurther to amend the estate duty act, 1953 be it enacted by parliament in the thirty-fifth year of the republic of india as follows:-1 this act may be called the estate duty (amendment) act, 1984 short title mof 1953 z in section 5a of the estate duty act, 1953 (hereinafter referred to 5 as the principal act), after sub-section (2b) , the following sub-section shall be inserted, namely:-amendment of section 5a "(zc) the amendments made to this act by sections 3 to 5 of the estate duty (amendment) act, 1964 shall apply to estate duty in respect of agricultural lands situate in the territories comprised in-10 (a) the states of assam, bihar, gujarat, haryana, himachal pradesh, kerala, madhya pradesh, maharashtra, meghalaya, orissa and tamil nadu and all the union territories, on the expiration of two months from the date on which the said act received the assent of the president; and 15 (b) any other states in respect whereof resolutions have ~ passed by the legislatures of those states adopting the' proposals with respect to such amendments or the said amendments, as the case may be, under clause (1) of article 252 of the constitution, on the expiration of four months from the date of such adoption" 3 after section sa of the principal act, the following section shall 5 be inserted; namely:-insertion of new section 5b "5b notwithstanding anything contained in section 5, this act shall cease to apply to the levy of estate duty in respect of agricultural land  act to cease to apply to estate duty in respect of agriculturalland 4 in section 34 of t~ principal act,-10 (a) in sub-section (1),-amendment of section 34 (i) in clause (a), the word "and" shall be inserted at the end; (ii) clause (b) shall be omitted; (b) in the explanation below su~section (2), clause (ii) shall 15 be omitted i, in section 85 of the principal act, for sub-section (3)" the following sub-section shall be substituted, namely:-amendment of section 85 "(3) every rule made under this act shall be laid, as soon as may be after it is made, before each house of parliament, while it 20 is in session, for a total periop of thirty days which may be comprised in one session or in two a! more successive sessions; and if, before the expiry of the session immediately following the session or tpe su~c~sive sessions aforesaid, both houses agree in making any modification in the rule or both houses agree ~t the rule 25 should not be made, the rule shall thereafter have effect only in such modified fqrm or be no effect, as the case may be; so, however, that any such modification or annulment shall be without rrejudice to the validity of anything previously done under that rule" 30 iffiw delhi; july 21 1984 lsadha ~, 1"906 (sib) "'----'rfor -"marumakkttayam" 3 page 4, line 6 from bottom,-~ cordigel't""da , t·::, lok sabra 1 page 2, line 27,~ after "or be" illoert " of" 2 page 3, lines 5 and 6 from bottom,-for "proposal" ~ "proposals" (fo be/aa intro~uced in lok sabha ) 'me es·rate duty (a  ,ienddi;;(tt) bill, 1984-read -"marumakkattay~ "  statement of objects and reasonsthis bill seeks fo amend the estate puty act, 1953, mainly with - view to excluding agricultural lands from the levy of estate duty 2 one of the amendments proposed aecordingly seeks to provide that the act shall cease to apply to the levy of estate duty in respect of agricultural land 3 another amendment seeks to omit clause (b) of sub-secupn (1) of section 34 of the j\,ct, which provides for aggregation, for the purpose of determining the rate of estate duty, of agricultural land, situate in any state in respect of which estate duty under the act is not 'leviable 4 under another amendment, the rule-laying formula contained in section 85 of the act is being revised 1;1) conform to the model formula recqlnmended by the committees on subordinate legislation of both the houses of parliament 5 by another amendment, it is proposed to provide that all the plt)-posed amendments will come into force in the states of ass4m, bihar, gujarat, haryana, himachal pradesh, kerala, madhya pradesh, maharashtra, lfeghalaya, orissa and tamil nadu and in all the union territories on the expiration of two months from the date on which the bill receives the assent of the president; and in respect of the other sttes, on the expidtion of four months from the date of adoption of the prq-posal for s~ch amendm~nts qf the aqlendments, as the case may be, by those states under clause (1) of article 252 of the constitution 6 the bill seeks to achieve the above objects pranab mukh~rjee new delhi; the 9th july, 1984,  annexure extracts from the estate duty act, 1953- (34 of 1953) - - - - aggrega tion 34 (1) for the purpose of determining the rate of the estate 'duty to be paid on any property passing on the death of the deceased,-(a) all property so passing other than property exempted from estate duty under clauses (e), (d), (e), (i) (j), (1) (m), (mm), (n), (0) and (p) of sub-section (1) of section 33; (b) agricultural land so passing, if any, situate in any state not specified in the first schedule; and - - - - - shall be aggregated so as to form one estate and estate duty shall be levied thereon at the rate or rates applicable in respect of the principal value thereof (2) where any such estate as is referred to in sub-section (1) inclu'des any property exempt from estate duty, the estate duty leviable on the property not so exempt shall be an amount bearing to the total amount of duty which would have been payable on the whole estate had no part of it been so exempt, 'the same proportion as the value of the prop1!rty not so exempt bears to the value of the whole estate explanation-for the purposes of this sub-section, "p~operty exempt from estate duty" means-(i) any property which is exempt from estate duty under section 33; (ii) any agricultural land situate in any state not specified in the first schedule; (iii) the interests of all coparceners other than the deceased in the joint famfly property of a hindu family governed by the mitokshara, marumakjattayam or atiyasantana law - - - - - 85 (1) - - - - rulemaking powers of the board (3)all rules made under this act shall be laid before both houses of parliament as soon as may be after they are made - - - - -  "   , i , 11' '::: , ·1  a bill  futtlrer te iiiit!b'ti the jlltate duty act, 1_- r 'ft_ , i   " ' ,'   (shri pranllb k1'fn&r mukherjee, minister of fmcr08) 