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Section 1

[ 267. (1) On and from the date of commencement of the Uttar Pradesh Panchayat Laws (Amendment) Act, 1994 and subject to the provisions of section 102 —

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1 [ 267. (1) On and from the date of commencement of the Uttar Pradesh Panchayat Laws (Amendment) Act, 1994 and subject to the provisions of section 102 — (a) all property, interest in property and assets, including cash balances, wherever situate, which immediately before such date were vested in the 2[Zila Panchayat] or the 2[Kshettra Panchayat] shall vest in and be held by the Zila Panchayat of the Kshettra Panchayat as the case may be, for the purposes of this Act ; and (b) all rights, liabilities and obligations of the aforesaid 2[Zila Panchayat] or the 2[Kshettra Panchayat] whether arising out of any contract or otherwise, existing immediately before such date, shall be the rights, liabilities and obligations of the Zila Panchayat or the Kshettra Panchayat, as the case may be. Where any doubt or dispute arises as to whether any property, interest or asset has vested in a Zila Panchayat or a Kshettra Panchayat under sub-section (1), or any right, liability or obligation has become the right, liability or obligation of the a Zila Panchayat or a Kshettra Panchayat such doubt or dispute shall be referred by the Mukhya Adhikari or the Khand Vikas Adhikari as the case may be, to the State Government whose decision shall unless superseded by any decision of a court of law shall be final. ]