(1) This Act shall be called the Punjab Restitu- Shorttitle extent and commence= Preamble, tion of Mortgaged Lands Act, 1938. . ment.
QO fililll apply to {[Union Territory of Chandigarh.
1Ror Statement of Objects and Reasons, see Punjab Government C_v‘aze“e’ (Extraordinary), 1938, page 89 ; for the Select Committee’s report see ibid, 1938 Part V, pages 151—161 ; and for proceedings in Assembly, see Punjab Legislative Assembly Debates, Volume V, pages 114—157, 585—590, 904—940, 1336—1405, 1416—1463, and 1493—1519. ) #For Statement of Objects and Reasons, see Punjab Government Gazette, Part I’ 1942, page 1421 ; and for proceedings in Assembly, see Punjab Legislative Assembly Debates, Volume XXI, pages 617-18.
"For Statesment of Qbjects and Reasons, see Punjab Government Gazette (Exrtasordinany), 1958, Pages 546 K—5461L. . ’ “Substituted for the word “Punjab” by the Punjab Re-organisation (Chandigarh) daptation of Laws on State and. Concurrent Subjects) Order 1968. . - Application of Actto subsisting mortgages effected priorto 8th June, 1901.
Definitions.
: AGED 1938: Pb. A 28 RESTITUTION OF MOlg&D . v, | come into force on such date} i Bn zslggntral Government] may by “°f1ficati0§ irect. . .
. . : d in a . Notwithstanding anything containe ny e, actmint for the time being in force, this ,?lct shall apply to any subsisting mortagages of land, whicl were effecteq prior to 8th June, 1901, ¥in the territories which, im.
medjately befoie the 1st Novmber, 1956, were co D- rised in the State of Punjaband priorto 17th Febxuary, 1915, in the territories which immediately, before the Ist November, 1956, were comprised in the State of Patiala aud East Punjab States Union.] ) Iz!:}plmxian.—A mortgage sfi’a]l be deemed to subsist notwithdtanding a decree or order for its redemption having been passed provided redemption has Dot taken place before the commencement of this Act, Y[or in thecase of a mortgage m.flu territories which, immediately before the 1st November, 1956, Were comprised in the State of Patiala and East punjab States Unjon, before the date on whijch this Act extended to those territories.]