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Section 15: Property and liabilities of Board.

The Khuda Bakhsh Oriental Public Library Act, 1969Central Act · Act 43 of 1969

(1) On the establishment of the Board--

(i) all properties, funds and dues which are vested in, or realisable by, the trustees of the library constituted by the deed of trust, in their capacity as such, shall vest in, and be realisable by; the Board; and

(ii) all liabilities in relation to the library which are enforceable against the said trustees, shall be enforceable only against the Board.

(2) All properties, which may, after the establishment of the Board, be given, bequeathed or otherwise transferred to the library or acquired by the Board, shall vest in the Board.

Where this provision sits

ActThe Khuda Bakhsh Oriental Public Library Act, 1969
Section15
Marginal noteProperty and liabilities of Board.
JurisdictionCentral
StatusIn force as published by the source

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