PUNJAB GOVT GAZ. (EXTRA.), July 9, 2010 (ASAR 18, 1932 SAKA) — The Punjab Land Reforms Act, 1972

PUNJAB GOVT GAZ. (EXTRA.), July 9, 2010 (ASAR 18, 1932 SAKA) GOVERNMENT OF PUNJAB DEPARTMENT OF REVENUE AND REHABILITATION (AGRARIAN REFORMS BRANCH) The 1 Notification th July, 2010 No. S.O.251/P.A.10/1973/S.11/Amd.(3)/2010.- In exercise of the powers conferred by sub-sections (2) and (4) of Section 11 of the Punjab Land Reforms, 1972 (Punjab Act No. 10 of 1973), and all other powers enabling him in this behalf, the Governor of Punjab is pleased to make the following Scheme, further to amend the Punjab Utilization of Surplus Area Scheme, 1973, namely:- SCHEME This Scheme may be called the Punjab Utilization of Surplus Area (first Amendment) Scheme, 2010. It shall come into force on and with effect from the date of its publication in the Office Gazette. In the Utilization of Surplus Area Scheme, 1973 in clause 10, for sub-clause (e), the following sub clause shall be substituted namely:- (e) "the allottee shall not be competent to transfer his rights in the land allotted to him to any person till he becomes the owner thereof or before the expiry of a period of five years of the date of possession, whichever is later: Provided that the allottee may transfer the land by way of mortgage without possession in favour of a Cooperative Society, Scheduled Bank or Corporation owned or controlled by the Government for the purpose of raising loan for the development of such land." ROMILA DUBBEY, Financial Commissioner, Revenue and Secretary to Government of Punjab. Department of Revenue and Rehabilitation.