THE WEST PAKISTAN
AGRICULTURISTS' LOANS ACT, 1958.
(West
Pakistan Act No. XVII of 1958)
CONTENTS.
PREAMBLE
SECTIONS:
1.
Short title and extent.
2.
Power of Government to make rules.
3.
Recovery of loans.
4.
Liability of joint borrowers as
among themselves.
5.
Repeal and savings.
THE WEST PAKISTAN
AGRICULTURISTS' LOANS
ACT, 1958.
(West Pakistan Act No. XVII of 1958)
[23rd April. 1958.]
An Act to consolidate the law relating to the advancement and
recovery of taccavi loans for agricultural purposes in the
Province of West Pakistan.
WHEREAS it is expedient to consolidate the law relating to the advancement
and recovery of taccavi loans for agricultural purposes in the Province of
West Pakistan;
|
Preamble.
|
It is hereby enacted as fellows:-
1. (1) This Act may be called the West
Pakistan Agriculturists Loans Act, 1958.
|
Short title and extent.
|
["(2)
It extends to the whole of the [Province
of the Khyber Pakhtunkhwa] except the Tribal Areas"].
2. (1) Government may make rules as
to:-
(a)
loans to be made to owners and occupiers of arable land for the
relief of distress, purchase of land, cattle and seed and other agricultural
purposes; and
(b)
sale of seed on credit to owners and occupiers of agricultural
land.
|
Power of Government to
make rules.
|
(2) All such
rules shall be published in the official Gazette.
3. The loans made, the price of seed
sold and the interest (if any) chargeable there on, together with the cost of
recovery, if any, shall be recoverable as arrears of land revenue from the
persons to whom the loans were made or the seed was sold or their sureties.
|
Recovery of loans.
|
|
4. When a joint loan is made under this
Act to members of a village community or any other persons on such terms that
all of them are jointly and severally bound to pay the whole amount and a
statement showing the shares of the various borrowers, signed, marked, or
sealed by such of them or their duly authorized agents and the officer making
the order is entered upon the order granting the loan that statement shall be
conclusive evidence of the share which each of those borrowers is bound to
contribute.
|
Liability of joint
borrowers as among themselves.
|
5. (1) The following enactments are
hereby repealed: —
|
Repeal and savings.
|
(a)
the Agriculturists Loans Act, 1884;
(b)
the Agriculturists" Loans (Punjab Amendment) Act, 1951;
(c)
the Agriculturists' Loans (Punjab Amendment) Act, 1955;
(d)
the Agriculturists Loans (Sindh-Amendment) Act, 1941;
(e)
the Khairpur State Agriculturists' Loans Act, 1952: and
(f)
the West Pakistan Agriculturists' Loans Ordinance, 1958,
(2) All rules, appointments
and orders made, authorities and powers conferred, liabilities incurred, times
and places appointed and other things done under and of the repealed enactments
mentioned in sub-section (1) shall, so far as may, be deemed to have been
respectively made, conferred, incurred, appointed and done under this Act and
all arrears of advances and interest shall be recoverable under this Act.
|