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21

Recovery of arrears

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 :- 21. Recovery of arrears.---When any person is in default in making, payment of any amount payable to the Administrator and under this Act or in pursuance of any rule, regulation or agreement made or entered into there under, the Administrator spay, in accordance with the rules recover the amount by one or more of the following modes, namely :-- (a) attachment and sale, or sale without attachment, of any movable ands irremovable property of such person ; and (b) appointment of a receiver for the management of the movable and irremovable properties of such person.