1[(2) The audit of the accounts of the Federal and of the Provincial Governments and the
accounts of any authority or body established by, or under the control of, the Federal or a Provincial
Government shall be conducted by the AuditorGeneral, who shall determine the extent and nature of
such audit.]
171. Reports of AuditorGeneral. The reports of the AuditorGeneral relating to the accounts of
the Federation shall be submitted to the President, who shall cause them to be laid before the 2[both
Houses of MajliseShoora (Parliament)] and the reports of the AuditorGeneral relating to the
accounts of a Province shall be submitted to the Governor of the Province, who shall cause them to
be laid before the Provincial Assembly.
CHAPTER 3. – PROPERTY, CONTRACTS, LIABILITIES AND SUITS
172. Ownerless property.__(1) Any property which has no rightful owner shall, if located in a
Province, vest in the Government of that Province, and in every other case, in the Federal
Government.
(2) All lands, minerals and other things of value within the continental shelf or underlying the
ocean3[beyond] the territorial waters of Pakistan shall vest in the Federal Government.
4[(3) Subject to the existing commitments and obligations, mineral oil and natural gas within the
Province or the territorial waters adjacent thereto shall vest jointly and equally in that Province and
the Federal Government.]
173. Power to acquire property and to make contracts, etc.__ (1) The executive authority of
the Federation and of a Province shall extend, subject to any Act of the appropriate Legislature, to
the grant, sale, disposition or mortgage of any property vested in, and to the purchase or acquisition
of property on behalf of, the Federal Government or, as the case may be, the Provincial Government,
and to the making of contracts.
(2) All property acquired for the purposes of the Federation or of a Province shall vest in the
Federal Government or, as the case may be, in the Provincial Government.
(3) All contracts made in the exercise of the executive authority of the Federation or of a
Province shall be expressed to be made in the name of the President or, as the case may be, the
Governor of the Province, and all such contracts and all assurances of property made in the exercise
of that authority shall be executed on behalf of the President or Governor by such persons and in
such manner as he may direct or authorize.
(4) Neither the President, nor the Governor of a Province, shall be personally liable in respect of
any contract or assurance made or executed in the exercise of the executive authority of the
Federation or, as the case may be, the Province, nor shall any person making or executing any such
contract or assurance on behalf of any of them be personally liable in respect thereof.
1 Renumbered (1) and new clause (2) added by the Act 10 of 2010, s. 63.
2 Subs. ibid., s. 64, for "National Assembly".
3 Subs. ibid., s.65, for "within".
4 Ins. ibid.
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