12
Prohibition of transfer of property generally
Act: Abandoned Properties (Taking over and Management) Act 1975
Section Provisions
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 :- 12. Prohibition of transfer of property generally.--The Federal Government may, by notification in the official Gazette, declare that in such area with a view to preventing the unauthorised or surreptitious transfer of abandoned properties in any area in which a considerable number of such properties is believed to be situated, for such period as may be specified in tile notification, the transfer of any property or class of property, or the creation of any right or interest therein or encumbrance thereon, shall be prohibited, and where any such declaration has been made, no such transfer or creation shall be made during that period in that area except with the previous approval in writing of the Administrator.