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  "title": "REPEALING (PUNJAB LOANS LIMITATION) ACT 1923",
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  "source_url": "https://punjabcode.punjab.gov.pk/en/show_article/BzEBNQMyVWA-",
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  "text": "Repealing (Punjab Loans Limitation) \r\n1923: Act III \r\nCONTENTS \r\n1. Short title, extent and commencement.  \r\n2. Repeal. \r\n3. Revival of the Limitation Act, 1908. \r\n4. Saving of limitation as regards pending suits. \r\n5. Saving of limitation as regards existing causes of action. \r\nTHE REPEALING (PUNJAB LOANS LIMITATION) \r\nACT, 1923 \r\n \r\n(III of 1923) \r\nTEXT \r\n1\r\nTHE REPEALING (PUNJAB LOANS LIMITATION) ACT, 1923 \r\n2\r\n(III of 1923) \r\n[18 May 1923] \r\nAn \r\nAct \r\nto repeal the Punjab Loans Limitation Act, 1904. \r\nPreamble.– WHEREAS it is expedient to repeal the Punjab Loans Limitation Act, 1904\r\n3\r\n, it is \r\nhereby enacted as follows:– \r\n1. Short title, extent and commencement.– (1) This Act may be called the Repealing \r\n(Punjab Loans Limitation) Act, 1923. \r\n(2) It extends to the Punjab. \r\n(3) It shall come into force on such date as the \r\n4\r\n[Provincial Government] may, by \r\nnotification\r\n5\r\n, appoint in this behalf. \r\n2. Repeal.– The Punjab Loans Limitation Act, 1904\r\n6\r\n, is hereby repealed. \r\n3. Revival of the \r\n7\r\n[*] Limitation Act, 1908.– Save as provided under sections 4 and 5 \r\nfrom the date of the commencement of this Act, any suit falling un der the description of suits \r\ngiven in the Schedule to the Punjab Loans Limitation Act, 1904, shall be governed in so far \r\nas the point of Limitation is concerned, by the provisions of the \r\n8\r\n[*] Limitation Act, 1908, and \r\nthe provisions of the \r\n9\r\n[*] Limitation Act, 1908, shall apply accordingly. \r\n4. Saving of limitation as regards pending suits .– Notwithstanding anything herein \r\ncontained, no suit, appeal or other proceeding pending in any court at the date of the \r\ncommencement of this Act shall be dismissed on the  ground that it is barred by limitation, \r\nprovided that it would not have been so dismissed if the Punjab Loans Limitation Act, 1904, \r\nhad been in force. \r\n                                                           \r\n1The Act has been assented by the Governor on the 31 st March, 1923 and by the Governor-General on the 5 th May, 1923 vide \r\nNotification No. 14th May, 1923, published in the Punjab Gazette, Part I, dated May 18, 1923, p. 454.  \r\n2For Statement of Objects and Reasons see Punjab Gaze tte, Part V, 1922, p. 225; for Report of the Select Committee see \r\nPunjab Gazette, Part V, 1923, pp. 80-81 and for proceedings in Council see Punjab Legislative Council debates pages 805-08, \r\n899 and 1508-18.  \r\n3I of 1904. \r\n4Substituted for the words “Local Go vernment” by the Government of India (Adaptation of Indian Laws) Oder, 1937, dated 18 th \r\nMarch, 1937, published in Gazette of India (Extraordinary ), dated April 1, 1937, pp. 75-344, s.  4 and Table of General \r\nAdaptations. \r\n5The Act came into force on 15th June, 1923 vide Notification No. 16613, dated 1st June, 1923, published in the Punjab Gazette, \r\nPart I, dated June 8, 1923, p. 486.  \r\n6I of 1904. \r\n7Omitted the word “Indian” by the Punjab Laws (Adaptation, Revision and Repeal) Act, 1954 (XV of 1955), vide Notifi cation No. \r\n825-Leg., dated 21st January, 1955, published in the Punjab Gazette (Extraordinary), dated January 21, 1955, pp. 87-108, s. 3 \r\nand Part-II of the Schedule. \r\n8Ibid.   \r\n9Omitted the word “Indian” by the Punjab Laws (Adaptation, Revision and Repeal) Act, 1954 (XV of 1955), vide Notification No. \r\n825-Leg., dated 21st January, 1955, published in the Punjab Gazette (Extraordinary), dated January 21, 1955, pp. 87-108, s. 3 \r\nand Part-II of the Schedule of. \r\n \r\n5. Saving of limitation as regards existing causes of action .– No suit instituted within \r\ntwo years of the date of the \r\n1\r\n[commencement] of this Act, which would not have been barred \r\nby limitation if the Punjab Loans Limitation Act, 1904, had been in force shall be held to be \r\nbarred by limitation by reason of this Act only. \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\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n                                                           \r\n1Substituted for the word “passing” by the Repealing (Punjab Loans Limitation) (Amendment) Act, 1925 (VII of 1925), published \r\nin the Punjab Government Gazette, dated 19.6.1925 (w.e.f 1.3.1925), s. 2.",
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