PUNJAB AGRICULTURISTS' LOANS ACT, 1958

Exact source transcription retained, including print layout and extraction artifacts. Text SHA-256: 8cc91e0aeac4554b99dd7bae2a6eee96c47121edfe232fe4112a0c6b629ac9a1.

THE PUNJAB AGRICULTURISTS’ LOANS ACT, 1958 
(XVII of 1958) 
CONTENTS 
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. 
 
TEXT 
1
THE 
2
[PUNJAB] AGRICULTURISTS’ LOANS ACT, 1958 
(XVII of 1958) 
[23 April 1958] 
An 
Act 
to consolidate the law relating to the advancement and recovery of taccavi loans for 
agricultural purposes in  the Province of 
3
[the Punjab]. 
Preamble.– WHEREAS it is expedient to consolidate the law relating to the 
advancement and recovery of taccavi loans for agricultural purposes in the Province 
of 
4
[the Punjab]. 
 It is hereby enacted as follows:– 
1. Short title and extent .– (1) This Act may be called the 
5
[Punjab] 
Agriculturists’ Loans Act, 1958. 
 
6
[(2) It extends to the whole of the Province of 
7
[the Punjab], except the 
Tribal Areas.] 
2. Power of Government to make rules .– (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. 
 (2) All such rules shall be published in the Official Gazette. 
3. Recovery of loans.– The loans made, the price of seed sold and the interest 
(if any) chargeable thereon, together with the cost of re covery, 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. 
                                                           
1For Statement of Objects and Reasons, see Gazette of West Pakistan (Extraordinary), dated  March  26, 1958, pp. 366 -367. 
This Act was passed by the West Pakistan Assembly on March  29, 1958; assented to by the Governor of West Pakistan on 
April 17, 1958; and published in the Gazette of West Pakistan (Extraordinary), dated April 23, 1958, pp. 615-616. 
2Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (I of 1974) (w.e.f. 14.8.1973), 
published in the Pun jab Gazette (Extraordinary), dated November 20, 1974, pp. 1425 -A-1425-PP, Article 2(1) read with 
Schedule, Part III, Serial No. 7. 
3Ibid. 
4Ibid. 
5Ibid. 
6Substituted by the West Pakistan Laws (Extension to Karachi) Ordinance, 1964 (VII of 1964), published in the Gazette of West 
Pakistan (Extraordinary), dated May 25, 1964, pp. 1679-1688, s. 2 read with Schedule, Serial No. 5. 
7Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (I of 1974) (w.e.f. 14.8.1973), 
published in th e Punjab Gazette (Extraordinary), dated November 20, 1974, pp. 1425 -A-1425-PP, Article 2(1) read with 
Schedule, Part III, Serial No. 7. 
4. Liability of joint borrowers as among themselves .– When a joint loan is 
made under this Act to members o f 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 authorize d 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. 
5. Repeal and savings.– (1) The following enactments are hereby repealed:– 
(a) the Agriculturists’ Loans Act, 1884
1
; 
(b) the Agriculturists’ Loans (Punjab Amendment) Act, 1951
2
; 
(c) the Agriculturists’ Loans (Punjab Amendment) Act, 1955
3
; 
(d) the Agriculturists’ Loans (Sind Amendment) Act, 1941
4
; 
(e) the Khairpur State Agriculturists’ Loans Act, 1952
5
; and 
(f) the West Pakistan Agriculturists’ Loans Ordinance, 1958
6
. 
 (2) All rules, appointments and orders made, authorities and powers 
conferred, liabilities incurred, times and places appointed and other things done  
under any 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. 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                           
1XII of 1884. 
2Punjab X of 1951. 
3Punjab V of 1955. 
4Sind X of 1941. 
5Khairpur VIII of 1952. 
6West Pakistan Ordinance III of 1958.