Section 3: Units to be transferable movable property — National Investment (Unit) Trust Ordinance, 1965

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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3. Units to be transferable movable property.—Subject to the rules and the provisions of the Trust Deed, Units shall be deemed to be transferable movable property.

Effective date: 1965-01-01

Related sections

Section 2: Definitions Section 4: Power of 1[Federal Government] to authorize issue of Bearer Certificates Section 1: Short title, extent and commencement 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

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