The National Investment (Unit) Trust Ordinance, 1965
Departmental Laws · Federal · 1965 · VII of 1965
Current legal status not independently verified. Source: Pakistan Code (single official PDF, 2026-08-21). The text below is the official Pakistan Code text as retrieved; whether it is still in force, or has since been amended or repealed, has not been independently checked.
WHEREAS the National Assembly is not in session and the Acting President is satisfied that circumstances exist which render immediate legislation necessary; NOW, THEREFORE, in exercise of the powers conferred by clause (1) of Article 29 of the Constitution and of all other powers enabling him in that behalf, the Acting President makes and pro- mulgates the following Ordinance:⸻
- Section 1: Short title, extent and commencement
- Section 2: Definitions
- Section 3: Units to be transferable movable property
- Section 4: Power of 1[Federal Government] to authorize issue of Bearer Certificates
- Section 5: Units to be approved securities
- Section 6: Trust Deed to be binding on the holders of Units
- Section 7: Notice of trust not receivable
- Section 8: Act XVIII of 1891 to apply
- Section 9: Power to make rules
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