Bar of future acquisition of land in excess of permissible area

A.

1. (1) Notwithstanding anything to the contrary in any law, custom, usage, contract or agreement, from and after the commencement of the Punjab Security of Land Tenures (Amendment) Ordinance, 1958, no person, whether as landowner or tenant, shall acquire or possess by transfer, exchange, lease, agreement or settlement any land, which, with or without the land already owned or held by him, shall in the aggregate exceed the permissible area: Provided that nothing in this section shall apply to lands belonging to registered Co-operative Societies formed for purposes of Co-Operative farming if the land owned by an individual member of the Society does not exceed the permissible area.
2. (2) Any transfer, exchange, lease, agreement or settlement made in contravention of the provisions of sub-section (1) shall be null and void.