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

Pays/Territoire
Pakistan
Sous-division territoriale
Punjab
Type du document
Législation
Date
2014
Source
FAO, FAOLEX
Titre complet
An Act to to enable the Development Authorities in the Punjab to strategically manage and transfer immovable properties.
Sujet
Terre et sols
Mot clé
Institution Régime foncier Planification territoriale Procédures judiciaires/procédures administratives Propriété
Aire géographique
Asie, Asie et Pacifique, Océan Indien, Mer de l'Asie du Sud-Est, Asie du Sud
Entry into force notes
This Act enters into force immediately.
Résumé

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.

Texte intégral
Anglais
Site web
www.punjablaws.gov.pk