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| Release From Custody Of German Nationals’ Property |
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AN ACT TO PROVIDE FOR THE DISPOSAL OF MONEY AND OTHER PROPERTY, BELONGING TO GERMAN NATIONALS, IN THE POSSESSION OF, OR VESTED IN, THE CUSTODIAN OF ENEMY PROPERTY.
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[26th May
, 1962 ]
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Short title.
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1. This Act may be cited as the Release from Custody of German Nationals’ Property Act, No. 16 of 1962.
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Property of German nationals held by Custodian of Enemy Property to be transferred to Crown and to be disposed of by Minister.
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2.
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(1)
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(a) All such money payable to or for the benefit of German nationals as has been paid to, and
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(b) the right, title and interest to and in all such property in Ceylon of German nationals as is vested in,
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the Custodian of Enemy Property appointed under the Defence (Trading with the Enemy) Regulations, 1939, are hereby transferred to the Crown.
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(2) The Minister is hereby empowered to make orders disposing of such money and property in any manner whatsoever specified in any such order and any such order shall have effect notwithstanding anything to the contrary in any law relating to the disposal of money or other property belonging to the Crown.
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