Thursday 31 May 2012

OFFICIAL TRUSTEES (AMENDMENT) ACT, 2012

ACT VII OF 2012

OFFICIAL TRUSTEES (AMENDMENT)
ACT, 2012

An Act, further to amend the Official Trustees Act, 1913.

[Gazette of Punjab, Extraordinary, 11th February, 2012]

No. PAP/Legis-2(76)/2011/520.--The Official Trustees (Amendment) Bill, 2011, originally passed by the Provincial Assembly of the Punjab on the 22nd day of December 2011, was sent to the Governor of the Punjab for assent. The Governor returned the Bill for reconsideration by the Assembly. The Provincial Assembly of the Punjab, after reconsideration, again passed the Bill on the 25th day of January 2012. The Bill was again sent to the Governor for assent on the 27th day of January 2012. Since the Governor has not assented to the Bill within the stipulated period of ten days, the same is deemed to have been assented to in terms of clause (3) of Article 116 of the Constitution, and is published as an Act, of the Provincial Assembly of the Punjab.

Preamble.--Whereas it is expedient further to amend the Official Trustees Act, 1913 (II of 1913) for purposes hereinafter appearing;

It is enacted as follows:-

1. Short title and commencement.--(1) This Act, may be cited as the Official Trustees (Amendment) Act, 2012.

(2)  It shall come into force at once.

2. Amendments in Section 1 of Act, II of 1913.--In the Official Trustees Act, 1913 (II of 1913), hereinafter referred to as the said Act, in Section 1--

(a)        for sub-section (2), the following shall be substituted:--

            "(2)      It extends to whole of the Punjab."

(b)        for sub-section (3), the following shall be substituted:--

            "(3)      It shall come into force at once."

3. Amendment in Section 2 of Act, II of 1913.--In the said Act, in Section 2, for clause (1), the following shall be substituted:--

"(1)      "Government" means Government of the Punjab; and"

4. Omission of Section 3 of Act, II of 1913.--In the said Act, Section 3 shall be omitted.

5. Amendment in Section 4 of Act, II of 1913.--In the said Act, in Section 4, for sub-section (1), the following shall be substituted:--

"(1)      The Government shall appoint an Official Trustee for the Province."

6. Amendment in Section 6 of Act, II of 1913.--In the said Act, in Section 6, for the words "Province for which he is appointed", the word "Punjab" shall be substituted.

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