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Management and Transfer of Properties by Development Authorities Act 2014 (Act XIX of 2014).

País/Territorio
Pakistán
Subdivisión territorial
Punjab
Tipo de documento
Legislación
Fecha
2014
Fuente
FAO, FAOLEX
Título completo
An Act to to enable the Development Authorities in the Punjab to strategically manage and transfer immovable properties.
Materia
Tierra y suelos
Palabra clave
Institución Tenencia de tierras Manejo de tierras Procedimientos judiciales/procedimientos administrativos Propiedad
Área geográphica
Asia, Asia y Pacifico, Océano Índico, Mares del Asia Sudoriental, Asia Meridional
Entry into force notes
This Act enters into force immediately.
Resumen

This Act, consisting of 25 sections divided into five Chapters, aims to enable the Development Authorities in the Punjab to strategically manage and transfer immovable properties. It establishes that an Authority shall transfer its property through open auction, allotment by ballot, or through a joint venture with a partner whereby payment may be received in such instalments as determined by the Authority. An Authority shall categorise and transfer a property up to five marlas in the manners specified in the text. An Authority may give its property on lease or rent through auction, single or two-stage bidding, or manage through a joint venture with a partner, on such terms and conditions as may be prescribed. An Authority may transfer manage its property by means of a joint venture with a partner in different ways specified in the text.

Texto completo
Inglés
Página web
www.punjablaws.gov.pk