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THE CAPITAL TERRITORY TRUST ACT, 2020 [26th August, 2020] An Act to define and amend the law relating to trusts WHEREAS it expedient to enact a law relating to registration, administration and monitoring of trusts registered within the territorial limits of Islamabad Capital Territory;
THE PUNJAB TRUSTS ACT 2020. (Act XXI of 2020) C O N T E N T S. Section Heading. CHAPTER I. PRELIMINARY. 1. Short title, extent and commencement. 2. Application. 3. Definitions. CHAPTER II. CREATION OF TRUSTS. 4. Lawful purpose. 5. Validity of Trusts. 6. Creation of trusts. 7. Who may create a trust. 8. Subject matter of trusts. 9.
30 Ιουν 2022 · In 2020, Pakistan’s colonial era trusts law i.e., the Trust Act 1882, was repealed and new trusts legislation was enacted by each of the four provinces of Sindh, Balochistan, Punjab and Khyber...
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Punjab Trusts Act, 2020 was enacted to revise and modify the law related to trust. The Trusts Act, 1882 (II of 1882) (“Repealed Act”) is repealed.
The Islamabad Capital Territory Trust Act, 2020 is a comprehensive legislation designed to establish a framework for the formation, management, and regulation of trusts within the Islamabad Capital Territory of Pakistan.
The Punjab Trusts Act 2020 establishes a framework for the creation, administration, and dissolution of trusts in Punjab. Some key points: - It lays out rules for lawful creation of trusts, valid subject matters of trusts, who can be beneficiaries and trustees, and registration requirements for trust properties.
