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ACT XX OF 1975 ACT XX OF 1975 ABANDONED PROPERTIES (TAKING OVER AND MANAGEMENT) ACT, 1975 An Act to provide for the taking over and management of certain properties [Gazette of Pakistan, Extraordinary, Part I, 17th February 1975] The following Act of Parliament received the assent of the President on the 12th February 1975, and is hereby published for general information :- 2. Definitions.----In this Act, unless there is anything repugnant in the subject or context,- (a) "abandoned property" means any property, movable or immovable (including share in industrial units and firms, investments, deposits, policies of insurance and all other interests and rights in or to or arising out of any such property), belonging to a specified person and includes any such property sold or transferred to, or placed under the supervision or control of, any other person on or after the sixteenth day of December 1971, but does not include any ornaments or wearing apparel or any cooking vessels or other household effects in the immediate possession of a specified person, not exceed ing a total of rupees one thousand; (b) "Administrator" means the Administrator appointed under section 5, and includes a Deputy Administrator; (c) "Board" means the Board of Trustees constituted under section 4; (d) "prescribed" means prescribed by rules; (e) "rules" means rules made under this Act; (f) "specified person" means a citizen of Pakistan domiciled in the territories which immediately before the sixteenth day of December 1971, constituted the province of East Pakistan who has left or leaves or has expressed his desire to be taken out of, or to be allowed to leave, the territories of Pakistan and includes a company registered in the said territories the registered office of which has not been shifted in pursuance of the Companies (Shifting of Registered Office) Ordinance, 1972 (V of 1972).