Pakistan (Punjab) Legislation

THE NAZARIA-I-PAKISTAN FOUNDATION (REPEAL) ACT 2008

(Pb. Act III of 2008)

Section Heading

1. Short title and commencement.

2. Repeal, revival and succession.

3. Repeal.

[1]THE NAZARIA-I-PAKISTAN FOUNDATION (REPEAL) ACT 2008

(Act III of 2008)

[28 August 2008]

An Act to repeal the

Nazaria-i-Pakistan Foundation Act, 1997 (XII of 1997).

Whereas it is expedient to repeal the Nazaria-i-Pakistan Foundation Act, 1997 (XII of 1997) for the purposes hereinafter appearing;

It is hereby enacted as follows:-

1. Short title and commencement.- (1) This Act may be cited as the Nazaria-i-Pakistan Foundation (Repeal) Act 2008.

(2) It shall come into force at once.

2. Repeal, revival and succession.- (1) The Nazaria-i-Pakistan Foundation Act, 1997 (XII of 1997) is hereby repealed.

(2) Notwithstanding the repeal of the Act XII of 1997-

"(a) the Nazaria-i-Pakistan Trust, registered under the Societies Registration Act 1860 (XXI of 1860) which stood dissolved under section 13 of the Act, shall stand revived;

(b) the Nazaria-i-Pakistan Trust shall be governed under the provisions of the Societies Registration Act, 1860 (XXI of 1860);

(c) all rights, properties, assets or liabilities of the Nazaria-i-Pakistan Foundation shall stand transferred to the Nazaria-i-Pakistan Trust as its rights, properties, assets or liabilities; and

(d) an action taken, thing done, right acquired, liability imposed or any proceedings initiated under the Act shall not be affected."

3. Repeal.- The Nazaria-i-Pakistan Foundation (Repeal) Ordinance 2008 (VI of 2008) is hereby repealed.