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  "id": "punjab-code-efe1994199322823",
  "title": "PUNJAB AGRICULTURISTS' LOANS ACT, 1958",
  "source_collection": "Punjab",
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  "source_url": "https://punjabcode.punjab.gov.pk/en/show_article/ATRWZQEzUmQ-",
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  "text": "THE PUNJAB AGRICULTURISTS’ LOANS ACT, 1958 \r\n(XVII of 1958) \r\nCONTENTS \r\n1. Short title and extent. \r\n2. Power of Government to make rules. \r\n3. Recovery of loans. \r\n4. Liability of joint borrowers as among themselves. \r\n5. Repeal and savings. \r\n \r\nTEXT \r\n1\r\nTHE \r\n2\r\n[PUNJAB] AGRICULTURISTS’ LOANS ACT, 1958 \r\n(XVII of 1958) \r\n[23 April 1958] \r\nAn \r\nAct \r\nto consolidate the law relating to the advancement and recovery of taccavi loans for \r\nagricultural purposes in  the Province of \r\n3\r\n[the Punjab]. \r\nPreamble.– WHEREAS it is expedient to consolidate the law relating to the \r\nadvancement and recovery of taccavi loans for agricultural purposes in the Province \r\nof \r\n4\r\n[the Punjab]. \r\n It is hereby enacted as follows:– \r\n1. Short title and extent .– (1) This Act may be called the \r\n5\r\n[Punjab] \r\nAgriculturists’ Loans Act, 1958. \r\n \r\n6\r\n[(2) It extends to the whole of the Province of \r\n7\r\n[the Punjab], except the \r\nTribal Areas.] \r\n2. Power of Government to make rules .– (1) Government may make rules as \r\nto:– \r\n(a) loans to be made to owners and occupiers of arable land for the relief \r\nof distress, purchase of land, cattle and seed and other agricultural \r\npurposes; and \r\n(b) sale of seed on credit to owners and occupiers of agricultural land. \r\n (2) All such rules shall be published in the Official Gazette. \r\n3. Recovery of loans.– The loans made, the price of seed sold and the interest \r\n(if any) chargeable thereon, together with the cost of re covery, if any, shall be \r\nrecoverable as arrears of land revenue from the persons to whom the loans were \r\nmade or the seed was sold or their sureties. \r\n                                                           \r\n1For Statement of Objects and Reasons, see Gazette of West Pakistan (Extraordinary), dated  March  26, 1958, pp. 366 -367. \r\nThis Act was passed by the West Pakistan Assembly on March  29, 1958; assented to by the Governor of West Pakistan on \r\nApril 17, 1958; and published in the Gazette of West Pakistan (Extraordinary), dated April 23, 1958, pp. 615-616. \r\n2Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (I of 1974) (w.e.f. 14.8.1973), \r\npublished in the Pun jab Gazette (Extraordinary), dated November 20, 1974, pp. 1425 -A-1425-PP, Article 2(1) read with \r\nSchedule, Part III, Serial No. 7. \r\n3Ibid. \r\n4Ibid. \r\n5Ibid. \r\n6Substituted 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. 5. \r\n7Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (I of 1974) (w.e.f. 14.8.1973), \r\npublished in th e Punjab Gazette (Extraordinary), dated November 20, 1974, pp. 1425 -A-1425-PP, Article 2(1) read with \r\nSchedule, Part III, Serial No. 7. \r\n4. Liability of joint borrowers as among themselves .– When a joint loan is \r\nmade under this Act to members o f a village community or any other persons on \r\nsuch terms that all of them are jointly and severally bound to pay the whole amount \r\nand a statement showing the shares of the various borrowers, signed, marked, or \r\nsealed by such of them or their duly authorize d agents and the officer making the \r\norder is entered upon the order granting the loan that statement shall be conclusive \r\nevidence of the share which each of those borrowers is bound to contribute. \r\n5. Repeal and savings.– (1) The following enactments are hereby repealed:– \r\n(a) the Agriculturists’ Loans Act, 1884\r\n1\r\n; \r\n(b) the Agriculturists’ Loans (Punjab Amendment) Act, 1951\r\n2\r\n; \r\n(c) the Agriculturists’ Loans (Punjab Amendment) Act, 1955\r\n3\r\n; \r\n(d) the Agriculturists’ Loans (Sind Amendment) Act, 1941\r\n4\r\n; \r\n(e) the Khairpur State Agriculturists’ Loans Act, 1952\r\n5\r\n; and \r\n(f) the West Pakistan Agriculturists’ Loans Ordinance, 1958\r\n6\r\n. \r\n (2) All rules, appointments and orders made, authorities and powers \r\nconferred, liabilities incurred, times and places appointed and other things done  \r\nunder any of the repealed enactments mentioned in sub -section (1) shall, so far as \r\nmay, be deemed to have been respectively made, conferred, incurred, appointed \r\nand done under this Act and all arrears of advances and interest shall be \r\nrecoverable under this Act. \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\n1XII of 1884. \r\n2Punjab X of 1951. \r\n3Punjab V of 1955. \r\n4Sind X of 1941. \r\n5Khairpur VIII of 1952. \r\n6West Pakistan Ordinance III of 1958.",
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