Section 1 Short title.
This Act may be called the King of Oudh’s Estate Validation Act, 1917.
Section 2 Validation of certain deeds.
Notwithstanding anything contained in any enactmentor any rule of law to the contrary, the three deeds of conveyance and the trust deed, copies ofwhich are set out in the Schedule, and all acts and things done under the said deeds are, saveas is hereinafter provided, validated and confirmed:
Provided that, with effect from the 1st of January 1914, the said trust deed shall be construedas if no reference has been made therein to the share of rupees two hundred thousand of thesaid Government Promissory Note, and as if the sum of rupees thirteen thousand six hundredand thirty-four has been mentioned in the twelfth recital thereof instead of the sum of rupeessixteen thousand, and the sum of rupees four hundred thousand instead of the sum of rupeessix hundred thousand, and with such further alterations and modifications as this constructionmay require.
Section 3 Payment of Rs. 77,856 from the Fund.
The sum of rupees seventy-seven thousandeight hundred and fifty-six shall be released from the trusts of the said trust deed, and shall bepaid from the surplus monies of the said Sibtainabad Endowment Fund to such officer as theGovernor General in Council may appoint, and shall be distributed in the manner hereinafterprovided.
Section 4 Distribution.
The sum referred to in section 3 and any further sums which theGovernor General in Council may at any time declare to be surplus monies of the SibtainabadEndowment Fund as he is hereby empowered to do, and all sums payable in respect of intereston the said share of the said Government Promissory Note accrued due since the 1st of January1914, or hereafter to accrue due from time to time in respect thereof, are hereby declared to bepensions, and the said share of the said note is hereby declared to be a grant of money withinthe meaning of the Pensions Act, 1871 (XXIII of 1871), and that Act shall apply to such sumsas if they were pensions of the classes referred to in sections 4 and 11 of the said Act and tothe said share as if it was a grant of the class referred to in section 4 of the said Act, subject,however, to the following modifications, namely: --
(i) any claim under section 5 of the said Act as applied shall be preferred to such officer asthe Local Government may authorize in this behalf;
(ii) the power of commutation conferred by section 10 of the said Act shall be exercisablewithout the consent of the holder where the payment to be made is at a rate less than a rate ofrupee one per month; and
(iii) the power to make rules conferred by sections 5 and 14 of the said Act shall extend toa power to make rules prescribing the persons or classes of persons to whom, and the principleson which, all distributions under this Act shall be made.
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