Azad Jammu and Kashmir Restitution of Mortgaged Lands Act, 1949 (Cabinet Resolution No. 341/49).

This Act aims to provide for the restitution of lands on which a mortgaged subsists which was effected prior to or after 1995 in which mortgagees or anyone of the mortgagees is a money lender or was carrying on money-lending business at the time the mortgagee was effected, and the mortgagor is an agriculturist. The lands mentioned in this Act are lands aimed for agricultural purposes or for purposes subservient to agriculture or pasture, including also: a) sites of buildings and other structures on lands; b) share in the profits of an estate or holding; c) any right to receive rent; d) any right to water enjoyed by the owner or occupier of land as such; e) any right of occupancy; and f) all trees standing on such land. A mortgagor to whose land the provision of this Act apply may submit a petition to the Collector of the District requesting the restitution of possession of the land mortgaged. On receipt of such petition the Collector, after inquiry shall say whether such mortgage is one to which this Act applies.