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17

Evaluation of abandoned property

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 :- 17. Evaluation of abandoned property.----(1) The Administrator may determine the value of any property of which possession has been taken by him or empower any officer to do so. (2) If it appears to the Board in any case that the value of any property determined under subsection (1) is not proper, it may make necessary enquiry an the matter and pass such orders as it may think proper and the orders so passed shall be final,