Vesting of properties of Mandi Township etc.

(1) Notwithstanding anything contained in any other law for the time being in force,.- (a) all property, moveable and immovable and all interests of whatsoever nature and kind therein of the State Government in respect of mandi portion of the mandi townships established by the Colonization Department under the Punjab, New Mandi Townships (Development and Regulation) Act, 1960, shall vest in the committee; (b) anything done or any action taken including any notification, order, scheme, or rule made, permission granted or issued under any provision of the Punjab New Mandi Townships (Development and Regulation) Act, 1960, relating to the mandi portion shall, so far as it is not inconsistent with the provisions of this Act, continue in force and be deemed to have been done or taken under the provisions of this Act unless and until it is superseded by anything done or any action taken under this Act; (c) all debts, obligations and liabilities incurred, all contracts entered into and all matters and things engaged to be done by, with or for the State Government, under the Punjab New Mandi Townships (Development and Regulation) Act, 1960, in respect of mandi portion only, shall be deemed to have been incurred, entered into or engaged to be done by, with or for the Committee. (d) all taxes, fees and other sums of money in respect of the mandi portion due, to the State Government under the Punjab New Mandi Townships (Development and Regulation) Act, 1960, shall be deemed to be due to the Committee. (e) all suits, prosecutions and other legal proceedings instituted or which might have been instituted by, or against the State Government under the Punjab New Mandi Townships (Development and Regulation) Act, 1960 and the Colonization of Government lands (Punjab) Act, 1912, in respect of mandi portion only, may be continued or instituted by, for or against the Committee. (2) If any mandi portion or a part thereof lies within the limits of a municipality, notified area, gram panchayat area or local area under the Punjab Town improvement Act, 1922, the State Government, may, by notification in the Official Gazette, direct that any or all the powers under the Haryana Municipal Act, 1973, the Punjab Gram Panchayat act, 1952 or the Punjab Town Improvement Act, 1922, as are relevant to the purposes of this Act shall, subject to such conditions and restriction as may be specified in the notification, cease to operate in such mandi portion and the Municipal Committee, the Gram panchyat, or the Improvement Trust, as the case may be, shall thereafter cease to have jurisdiction over that mandi portion or a part thereof, as the case may be, in respect of such powers. (3) The provisions of the Haryana Municipal Act, 1973, the Punjab Gram Panchyat Act, 1952, and the Punjab Town Improvement Act, 1922, in so far as they are inconsistent with the provisions of this Act, shall not apply to the mandi portion or a part thereto.