Amendment status not verified — confirm the current text below against the official source.
all municipal properties to be identified and entered into a Property Register in such manner as may be specified by the Government; all municipal properties to be demarcated and notified for the information of the general public; the name and address of the tenant or an occupant, whether authorized or unauthorized, along with the details of the municipal property under the possession of such an occupant, to be notified for the information of the general public; and to follow Government orders on Asset Management Policy and Capital Investment Plan. Notwithstanding anything contained in any law for the time being in force enacted by the State of Punjab, a Municipality may transfer a municipal property in a transparent manner through an open e-auction in the case of commercial properties and through draw of lots in the case of residential properties. In case of other properties, the Municipality shall follow the directives of the Government as specified from time to time: Provided that open e-auction and draw of lots shall be conducted in such manner as laid down under this Act. Scanned with CamScanner Management of municipal property. Transfer of municipal property. Vesting of 66 PUNJAB GOVT. GAZ. (EXTRA), APRIL 1, 2020 (CHTR 12, 1942 SAKA)