{
  "schema_version": "qanun-law-text/1",
  "id": "punjab-code-3f4055f22091a897",
  "title": "PUNJAB AGRICULTURAL DEVELOPMENT FINANCE CORPORATION (RECOVERY OF ARREARS) ACT, 1958",
  "source_collection": "Punjab",
  "content_kind": "stored_law_text",
  "content_extent": null,
  "source_url": "https://punjabcode.punjab.gov.pk/en/show_article/UWRdbgY0V2I-",
  "version": null,
  "source_snapshot": "2026-08-06T16:50:00Z",
  "legal_status": "not independently verified",
  "text_quality": "Complete stored UTF-8 TXT file recovered byte-for-byte from owned Drive. Source transcription retained verbatim; legal completeness, OCR accuracy and current consolidation unverified.",
  "text_sha256": "34579cf5aa1eb54b0ef284038c56091810c4c9754ef1ee78d199beda16fcefa3",
  "source_sha256": "34579cf5aa1eb54b0ef284038c56091810c4c9754ef1ee78d199beda16fcefa3",
  "text_version_id": "law:punjab-code-3f4055f22091a897:sha256:34579cf5aa1eb54b0ef284038c56091810c4c9754ef1ee78d199beda16fcefa3",
  "quality_flags": [],
  "encoding": "UTF-8",
  "text": "THE PUNJAB AGRICULTURAL DEVELOPMENT FINANCE \r\nCORPORATION (RECOVERY OF ARREARS) ACT, 1958 \r\n(XVIII of 1958) \r\nCONTENTS \r\n1. Short title, extent and commencement. \r\n2. Pledging of property to the Corporation and recovery of its dues. \r\n3. Repeal of West Pakistan Ordinance XII of 1957. \r\n \r\n \r\nTEXT \r\n1\r\nTHE \r\n2\r\n[PUNJAB] AGRICULTURAL DEVELOPMENT FINANCE \r\nCORPORATION (RECOVERY OF ARREARS) ACT, 1958 \r\n(XVIII of 1958) \r\n[23 April 1958] \r\nAn \r\nAct \r\nto provide facilities to the Agricultural Development Finance Corporation for \r\nrecovering its dues. \r\nPreamble.– WHEREAS it is necessary to provide facilities to the Agricultural \r\nDevelopment Finance Corporation for recovering its dues; \r\n It is hereby enacted as follows:– \r\n1. Short title, extent and commencement .– (1) This Act may be called the \r\n3\r\n[Punjab] Agricultural Development Finance Corporation (Recovery of Arrears) Act, \r\n1958. \r\n \r\n4\r\n[(2) It shall extend to the whole of the Province of \r\n5\r\n[the Punjab], except the \r\nTribal Areas.] \r\n (3) It shall come into force at once. \r\n2. Pledging of property to the Corporation and recovery of its dues .– (1) \r\nNotwithstanding anything contained in any other law for the time being in force it \r\nshall be lawful for any agricultural concern, as defined  in the Agricultural \r\nDevelopment Finance Corporation Act, 1952\r\n6\r\n (hereinafter called the said Act) to \r\npledge, mortgage, hypothecate or assign to the Agricultural Development Finance \r\nCorporation (hereinafter called the Corporation) established under the said  Act, any \r\nmovable or immovable property, in order to secure a loan advanced or to be \r\nadvanced by the Corporation under the said Act. \r\n (2) The Corporation shall, in accordance with the provisions of the said \r\nAct, be competent to deal with and recover its du es by disposal of any property, \r\n                                                           \r\n1For Statement of Objects and Reasons see Gazette of West Pakistan (Extraordinary), dated August  4, 1956, p. 766. This Act \r\nwas passed by the West Pakistan Assembly on March  30, 1958, assented to by the Governor of West Pakistan on April  17, \r\n1958, published in the Gazette of West Pakistan (Extraordinary), dated April 23, 1958, pp. 617-618.  \r\nThis Act has been extended to the District of Karachi subject to certain modifications see the West Pakistan Laws (Extension to \r\nKarachi) Ordinance 1964 (VII of 1964), s. 2 read with Schedule (with effect from May 25, 1964).  \r\n2Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (I of 19 74) (w.e.f. 14.8.1973), \r\npublished in the Punjab Gazette (Extraordinary), dated November 20, 1974, pp.  1425-A-1425-PP, Article 2(1) read with  \r\nSchedule, Part III, Serial No. 8.  \r\n3Ibid.  \r\n4Substituted by the West Pakistan Laws (Extension to Karachi) Ordinance, 1964 (VII of 1964), published in the Gazette of West \r\nPakistan (Extraordinary), dated May 25, 1964, pp. 1679-1688, s. 2 read with Schedule, Serial No. 6. \r\n5Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (I of 19 74) (w.e.f. 14.8.1973), \r\npublished in the Punjab Gazette (Extraordinary), dated November 20, 1974, pp.  1425-A-1425-PP, Article 2(1) r ead with  \r\nSchedule, Part III, Serial No. 8.  \r\n6XVII of 1952.  \r\npledged, mortgaged, hypothecated or assigned as aforesaid and nothing contained \r\nin any other law shall affect the rights or powers of the Corporation conferred on it \r\nunder the provisions of the said Act, or affect anything d one or purported to be done \r\nthereunder. \r\n3. Repeal of West Pakistan Ordinance XII of 1957 .– The West Pakistan \r\nAgricultural Development Finance Corporation (Recovery of Arrears) Ordinance, \r\n1957\r\n1\r\n is hereby repealed. \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n                                                           \r\n1W.P. Ord. XII of 1957.",
  "passage_offset_convention": "zero-based Unicode code points and UTF8 bytes; end exclusive",
  "passages": [
    {
      "passage_id": "law:punjab-code-3f4055f22091a897:sha256:34579cf5aa1eb54b0ef284038c56091810c4c9754ef1ee78d199beda16fcefa3:chars-0-1747:5d7f1b88c97f330b44ddc5e071cc699eb7935f20df04bc6d96e9825cc811975f",
      "character_start": 0,
      "character_end": 1747,
      "utf8_byte_start": 0,
      "utf8_byte_end": 1755,
      "passage_sha256": "5d7f1b88c97f330b44ddc5e071cc699eb7935f20df04bc6d96e9825cc811975f",
      "reader_fragment": "p-0-1747-5d7f1b88c97f330b"
    },
    {
      "passage_id": "law:punjab-code-3f4055f22091a897:sha256:34579cf5aa1eb54b0ef284038c56091810c4c9754ef1ee78d199beda16fcefa3:chars-1747-3461:9ada04f7e593860209764be715869f94db3123c7be6195860f46b911b32df757",
      "character_start": 1747,
      "character_end": 3461,
      "utf8_byte_start": 1755,
      "utf8_byte_end": 3477,
      "passage_sha256": "9ada04f7e593860209764be715869f94db3123c7be6195860f46b911b32df757",
      "reader_fragment": "p-1747-3461-9ada04f7e5938602"
    },
    {
      "passage_id": "law:punjab-code-3f4055f22091a897:sha256:34579cf5aa1eb54b0ef284038c56091810c4c9754ef1ee78d199beda16fcefa3:chars-3461-3904:3e44a1d0120011dc8d43a34933762e8090e148cb14918bc4bd5152f73eceb844",
      "character_start": 3461,
      "character_end": 3904,
      "utf8_byte_start": 3477,
      "utf8_byte_end": 3922,
      "passage_sha256": "3e44a1d0120011dc8d43a34933762e8090e148cb14918bc4bd5152f73eceb844",
      "reader_fragment": "p-3461-3904-3e44a1d0120011dc"
    }
  ]
}