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Section 2: Definitions

Transfer of Evacuee Deposits Ordinance, 1954Ordinance · 1954

In this Ordinance, unless the context otherwise requires,—

(a) "Custodian" means a Custodian of Deposits appointed under section 3, and includes an Assistant Custodian of Deposits;

(b) "deposit" means—

(i) any movable property in the custody or under the control of any civil or revenue court in respect of any proceedings before it; or

(ii) any movable property under the superintendence or in the custody of a court of wards under any law for the time being in force, whether such movable property is in the actual custody of the court of wards, or in that of some other authority on its behalf; or

(in) any movable property in the custody or under the control of a manager;

and includes any securities, insurance policies and negotiable instruments in the custody or under the control of any such civil or revenue court or under the superintendence or in the custody of such court of wards or in the custody or under the control of such manager.

Explanation I.—'Securities' include shares, scrips, stocks, bonds, debentures, debenture stocks or other marketable securities of a like nature in or of any body corporate and also Governmeni securities.

Explanation II.—Where any deposit in the custody or undei the control of any civil or revenue court or under the superintendence or in the custody of a court of wards or in the custody oi under the control of the manager has vested in the Custodian oi Evacuee Property as evacuee property, such deposit shall, for the purposes of this Ordinance, be deemed to be in the custody o] under the control of such civil or revenue court or under tht superintendence or in the custody of the court of wards or in th« custody or under the control of the manager, as the case may be

(c) "displaced person" means any person who, on account o:

the setting up of the Dominions of India and Pakistan or or account of civil disturbances or the fear of such disturbances ii any area now forming part of Pakistan, has, on or after the Is day of March, 1947, left, or been displaced from, his place o residence in such area and who has been subsequently residing ii India;

(d) "evacuee" means any person who, on account of th< setting up of the Dominions of India and Pakistan or on accoun of civil disturbances or the fear of such disturbances, has, on o:

after the 1st day of March 1947, left any place in the territorie to which this Ordinance extends and who is now residing ii any place forming parj of Pakistan;

Sao* I ] THE GAZETTE OP INDIA EXTKAOKDINABY 79

(e) "manager" means the manager of an encumbered estate appointed under any law for the time being in force relating to encumbered estates;

(/) "transferable deposit" means a deposit in which an evacuee has any right or interest, to the extent of that right or interest;

(g) "prescribed" means prescribed by rules made under this Ordinance.

Where this provision sits

ActTransfer of Evacuee Deposits Ordinance, 1954
Section2
Marginal noteDefinitions
StatusIn force as published by the source

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