Maharajah Gulab Singh had to pay to the British Government the sum of seventy five lakhs of rupees (Nanak Shahi)

The treaty between the British Government on the one part and Maharajah Gulab Singh of Jammu, on the other concluded on the part of the British Government by Frederick Currie, Esq; and Brevet-Major Henry Montgomery Lawrence, acting under the orders of the Rt. Honourable Sir Henry Hardinge, G.C.B., one of her Britannic Majesty's most Honorable Privy Council, Governor-General, appointed by the Honourable company to direct and control all their affairs in East Indies, and by Maharajah Gulab Singh in person.

Article 1
The British Government transfers and makes over for ever in independent possession to Maharajah Gulab Singh and the heirs male of his body all the hilly or mountainous country with its dependencies situated to the eastward of the River Indus and the westward of the River Ravi including Chamba and excluding Lahul, being part of the territories ceded to the British Government by the Lahore State according to the provisions of Article IV of the Treaty of Lahore, dated 9th March, 1846.

Article 2
The eastern boundary of the tract transferred by the foregoing article to Maharajah Gulab Singh shall be laid down by the Commissioners appointed by the British Government and Maharajah Gulab Singh respectively for that purpose and shall be defined in a separate engagement after survey.

Article 3
In consideration of the transfer made to him and his heirs by the provisions of the foregoing articles, Maharajah Gulab Singh will pay to the British Government the sum of seventy five lakhs of rupees (Nanak Shahi), fifty lakhs to be paid on the ratification of this treaty and twenty five lakhs on or before the 1st October of the current year, A.D., 1846.

Article 4
The limits of territories of Maharajah Gulab Singh shall not be at any time changed without the concurrence of the British Government.

Article 5
Maharajah Gulab Singh will refer to the arbitration of the British Government any disputes or question that may arise between himself and the Government of Lahore or any other neighboring State, and will abide by the decision of the British Government.

Article 6
Maharajah Gulab Singh engages for himself and heirs to join, with the whole of his Military Forces, the British troops when employed within the hills or in the territories adjoining his possessions.

Article 7
Maharajah Gulab Singh engages never to take or retain in his service any British subject nor the subject of any European or American State without the consent of the British Governnent.

Article 8
Maharajah Gulab Singh engages to respect in regard to the territory transferred to him, the provisions of Articles V, VI and VII of the separate Engagement between the British Government and the Lahore Durbar, dated 11th March, 1846.

Article 9
The British Government will give its aid to Maharajah Gulab Singh in protecting his territories from external enemies.

Article 10
Maharajah Gulab Singh acknowledges the supremacy of the British Government and will, in token of such supremacy present annually to the British Government one horse, twelve perfect shawl goats of approved breed (six male and six female) and three pairs of Kashmiri shawls. This Treaty, consisting of ten articles has been this day settled by Frederick Currie, Esq. and Brever-Major Henry Montgomery Lawrence, acting under directions of the Right Hon. Sir Henry Hardinge, G.C.B., on the part of the British Government and by Maharajah Gulab Singh in person, and the said Treaty has been this day ratified by the seal of the Right Honourable Sir Henry Hardinge, G.C.B.. (Done at Amritsar the sixteenth day of March, in the year of our Lord one thousand eight hundred and forty-six, corresponding with the seventeenth day of Rubee-ul-Awal (1262 Hijri).

(Signed) H. Hardinge (Seal)
(Signed) F. Currie
(Signed) H.M. Lawrence

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