Federal · Act · 1966

Dormant Funds (Administration) Act, 1966

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THE DORMANT FUNDS (ADMINISTRATION) ACT, 1966

SCHEDULE

THE DORMANT FUNDS (ADMINISTRATION) ACT, 1966 ACT No. XX OF 1966 [19th December, 1966] An Act to provide for the administration of certain dormant funds and matters connected therewith WHEREAS certain funds raised by public subscriptions and donations have bee n lying dormant ; AND WHEREAS it is expedient to make provision for the administration and proper utilization and disposal of those funds ; AND WHEREAS the national interest of Pakistan in relation to the achievement of uniformity within the meaning of clause (2) of Article 131 of the Constitution requires Central Legislation in the matter ; It is hereby enacted as follows :—

Section 1. Short title and commencement

(1) This Act may be called the Dormant Funds

(Administration) Act, 1966.

(2) It shall come into force at once.

Section 2. Vesting of dormant funds in the President and their utilisation

(1) Notwithstanding anything contained in any other law or instrument, the funds specified in the Schedule, together with interest and profit accruing thereon, shall vest forthwith in the President.

(2) The amounts in the aforesaid funds, other than that in the Palestine Aid Fund, shall be transferred to the President ’s Relief Fund instituted on the 16th May, 1965, and shall be utilised for purposes of relief or for purposes as nearly as possible, to those for which they were raised.

(3) The amount in the Palestine Aid Fund shall be utilised for the Palestine cause. ___________

THE SCHEDULE

Name of the Fund Rs.

(1) QuaideAzam Bihar Relief Fund 41,82,659.33

(2) Palestine Aid Fund 7,06,151.36

(3) Prime Minister's Refugee Hut Building Fund 3,09,254.30

(4) Pakistan Fund 6,00,000.00

(5) Muslim League Fund (India) 6,00,000.00 RGN Date:-29.03.2024

Print contents from the source

CONTENTS 
1. Short title and commencement 
2. Vesting of dormant funds in the President and their utilisation

Compare the original stored transcription

Exact source transcription retained, including print layout and extraction artifacts. Text SHA-256: 926f7eaba3ba6774caccd708e3e8e86f1e720a7f0159a1cd05e6fc11886f6169.

Page 1 of 2 
 
 
 
 
 THE DORMANT FUNDS (ADMINISTRATION) ACT, 1966 
 
 
CONTENTS 
1. Short title and commencement 
2. Vesting of dormant funds in the President and their utilisation 
SCHEDULE 
 
  

 
Page 2 of 2 
 
THE DORMANT FUNDS (ADMINISTRATION) ACT, 1966 
ACT No. XX OF 1966 
[19th December, 1966] 
An Act to provide for the administration of certain dormant funds and matters connected therewith 
WHEREAS certain funds raised by public subscriptions and donations have bee n lying 
dormant ; 
AND WHEREAS it is expedient to make provision for the administration and proper utilization 
and disposal of those funds ; 
AND WHEREAS the national interest of Pakistan in relation to the achievement of uniformity 
within the meaning of clause (2) of Article 131 of the Constitution requires Central Legislation in the 
matter ; 
It is hereby enacted as follows :— 
1. Short title and commencement .__ (1) This Act may be called the Dormant Funds 
(Administration) Act, 1966. 
(2)  It shall come into force at once. 
2. Vesting of dormant funds in the President and their utilisation. — (1) 
Notwithstanding anything contained in any other law or instrument, the funds specified in the 
Schedule, together with interest and profit accruing thereon, shall vest forthwith in the President. 
(2) The amounts in the aforesaid funds, other than that in the Palestine Aid Fund, shall be 
transferred to the President ’s Relief Fund instituted on the 16th May, 1965, and shall be utilised for 
purposes of relief or for purposes as nearly as possible, to those for which they were raised. 
(3) The amount in the Palestine Aid Fund shall be utilised for the Palestine cause. 
___________ 
 
THE SCHEDULE 
Name of the Fund Rs. 
(1) QuaideAzam Bihar Relief Fund 41,82,659.33 
(2) Palestine Aid Fund 7,06,151.36 
(3) Prime Minister's Refugee Hut Building Fund 3,09,254.30 
(4) Pakistan Fund 6,00,000.00 
(5) Muslim League Fund (India) 6,00,000.00 
RGN Date:-29.03.2024

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Stored text SHA-256: 926f7eaba3ba6774caccd708e3e8e86f1e720a7f0159a1cd05e6fc11886f6169
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Recorded title: Dormant Funds (Administration) Act, 1966
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Stored text SHA-256: 926f7eaba3ba6774caccd708e3e8e86f1e720a7f0159a1cd05e6fc11886f6169